Shiba Inu (SHIB) was purchased by Major ETH Whale for $1.92 million in the last 24 hours as the price increased by 13%.
In a single massive transaction, Top ETH Whale just spent $1,927,359 ($1.92M) to buy an astounding 165,865,688,559 (165.86B) SHIB.
After additional inquiry and analysis of the Etherscan.io data, we discovered that the wealthy ETH investor made a second transaction a few hours after the first one and sent 10,000,000,000 (10B) SHIB, or $116,100, to the mysterious wallet.
Shiba Inu is currently the third-largest holding of the whale mentioned above, after Ethereum (ETH) and USD Coin, according to additional data (USDC).
The influential ETH investor currently has 155,866,188,559 (155.86B) SHIB in his wallet, which is equivalent to $1,826,751 ($1.82M).
Whales’ Interest in Shiba Inu Has Led to a Price Surge
Shiba Inu is the most valuable among the top 500 ETH whales, according to WhaleStats. The top 500 ETH Whale wallets possess Shiba Inus valued at $133,187,605 ($133.18M).
SHIB’s price increased today due to the Whales’ rekindled interest in the most well-known cryptocurrency with a canine motif.
Shiba Inu has a 24-hour trading volume of $570,375,210 ($570.37M) and is currently trading at $0.00001175, up 13.32% from the previous day.
It’s interesting to see that whales were acquiring Shiba Inu before the price increase.
As previously mentioned, a new whale added 119B Shiba Inu yesterday. In addition, a newborn whale acquired 3.6T Shib in her first transaction on October 24th.
A further 96B coins were added on October 21 by a whale holding a 15T Shiba Inu. Finally, on Oct 18, 3T SHIB was transferred to a new wallet.