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Whale Rushes To Buy Shiba Inu Dip, Adds 126B SHIB

source-logo  thecryptobasic.com 10 March 2023 07:48, UTC

Top ETH Whale dives in to scoop up 126.12 Billion Shiba Inu tokens at discounted prices.

WhaleStats stats show that the 254th largest ETH Whale, known as “BlueWhale0073,” has made a substantial transaction by adding 126,120,815,899 (126.12B) SHIB for $1,363,366 ($1.36M).

🐳 ETH whale "BlueWhale0073" just bought 126,120,815,899 $shib ($1,363,366 USD).

Ranked #254 on WhaleStats: https://t.co/RBupemZyZX

Transaction: https://t.co/ct2QValjFc#SHIB #ShibArmy

— WhaleStats (tracking crypto whales) (@WhaleStats) March 9, 2023

This recent acquisition marks the third time within a week that the top ETH Whale has purchased a significant amount of SHIB. As reported earlier by The Crypto Basic, the said whale spent $1.48 million on March 3rd to buy 131.47 billion SHIB tokens and $2.24 million on March 7th to acquire 200.89 billion SHIB.

As a result of this purchase, Shiba Inu has become one of the most purchased tokens among the top 500 ETH Whales in the past 24 hours.

JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens among 500 biggest #ETH whales in the last 24hrs 🐳

We've also got $UNI, $FTM, $YFI, $GTC & $LDO on the list 👀

Whale leaderboard: https://t.co/tgYTpOm5ws#SHIB #whalestats #babywhale #BBW pic.twitter.com/aw28V4UpYK

— WhaleStats (tracking crypto whales) (@WhaleStats) March 9, 2023

WhaleStats data further reveals that Shiba Inu remains the top-held token among the top 5000 ETH Whales. These Whales combined hold a whopping $606,553,503 ($606.55M) worth of Shiba Inu in their wallets.

🐳 The top 5000 #ETH whales are hodling

$606,553,503 $SHIB
$167,714,936 $MATIC
$155,922,150 $BEST
$149,437,315 $LINK
$131,748,690 $CHSB
$96,219,283 $UNI
$70,172,580 $LOCUS
$69,722,963 $MANA

Whale leaderboard 👇https://t.co/kOhHps8XBB pic.twitter.com/2AzHBwTcjz

— WhaleStats (tracking crypto whales) (@WhaleStats) March 10, 2023

Although Shiba Inu’s value has declined by over 9.62% in the past 24 hours due to the widespread selloff in the global crypto market, ETH Whales are using the lower prices to their advantage by accumulating SHIB. Shiba Inu is currently traded for $0.00001006 with a 24-hour trading volume of $420,415,261 ($420.41 million).

thecryptobasic.com