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Major Whale Buys 165B Shiba Inu As Price Surge 13%

Altcoins

thecryptobasic.com 27 October 2022 08:14, UTC
  
Reading time: ~2 m

Major ETH Whale accumulated $1.92 Million worth of Shiba Inu (SHIB) in the past 24 hours.


Top ETH Whale has just invested $1,927,359 ($1.92M) to purchase a staggering 165,865,688,559 (165.86B) SHIB in one gigantic transaction.

Upon further investigation, while looking into the Etherscan.io data, we found that after a few hours of the accumulation, the deep-pocketed ETH investor performed his second transaction and transferred 10,000,000,000 (10B) SHIB, worth $116,100 to the mysterious wallet.

Top ETH Whale Accumulated 1.92 Million Worth of Shiba Inu
Top ETH Whale Accumulated 1.92 Million Worth of Shiba Inu

Data further reveals that Shiba Inu is now the third biggest holding of the above-mentioned whale, following Ethereum (ETH) and USD Coin (USDC). The key ETH investor now holds a whopping 155,866,188,559 (155.86B) SHIB, worth $1,826,751($1.82M) in his wallet.

According to WhaleStats, Shiba Inu holds the biggest position in dollar value among the top 500 ETH Whales. The biggest 500 ETH Whale wallets now collectively hold $133,187,605 ($133.18M) worth of Shiba Inu.

🐳 The top 500 #ETH whales are hodling

$133,187,605 $SHIB
$78,009,900 $LOCUS
$75,237,204 $MKR
$70,255,363 $BIT
$61,256,915 $UNI
$44,919,787 $LINK
$40,289,644 $MOC
$36,949,116 $BEST

Whale leaderboard 👇https://t.co/tgYTpOm5ws pic.twitter.com/65Qw09ih6w

— WhaleStats (tracking crypto whales) (@WhaleStats) October 27, 2022

The Whales’ renewed interest in the most popular canine-themed cryptocurrency pushed SHIB’s price higher today. At press time, Shiba Inu is trading at the price of $0.00001175, up 13.32% over the last day, with a 24-hour trading volume of $570,375,210 ($570.37M).

Interestingly whales were busy accumulating Shiba Inu before the price surge. As reported by The Crypto Basic, yesterday, a new whale added 119B Shiba Inu. On Oct 24th, a newly born whale accumulated 3.6T Shib in her very first transaction. On Oct 21, Whale holding 15T shiba added another 96B coins. On Oct 18, 3.38T Shib was moved to a new wallet.


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