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As Market Recover, Shiba Inu Makes To The List of Top 10 Purchased Token by Biggest 1000 ETH Wallets


thecryptobasic.com 25 March 2022 09:19, UTC
Reading time: ~2 m

Shiba Inu (SHIB) Makes to the List of Top 10 Purchased Token by Top 1000 ETH Whale Wallets as Crypto Market Attempts Recovery.

Shiba Inu (SHIB) is on a way to reclaim a $14 billion market cap as the whole crypto market is recovering. The global crypto market cap has just reclaimed the $2 trillion mark and is currently standing at $2.01 trillion, showing a 2.25% increase over the last day, as per data provided by CoinMarketCap.

As the crypto market rebounded, top 1000 ETH whales again started to take interest in SHIB token and according to the latest data revealed by WhaleStats, Shiba Inu token once again manages to become one of the top 10 purchased tokens by 1000 biggest ETH whales over the last 24 hours.

πŸ’ŽπŸ‘ JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens by 1000 biggest #ETH whales over the last 24hrs#WhaleStats.com #BabyWhale.club

β€” WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 25, 2022

Binance US adding Support For Shiba Inu

Binance.US today announced that they will expand BNB Smart Chain (BSC) BEP20 support for eight tokens including Shiba Inu.

https://t.co/AZwoBOgsqS adds BNB Smart Chain (BSC) BEP20 support for EIGHT tokens!$AAVE$ANKR$CTSI$SHIB$SLP$SUSHI$SNX#1INCH

Learn more: https://t.co/0ITz6PB3Vt pic.twitter.com/9Jkp8086uD

β€” Binance.US πŸ‡ΊπŸ‡Έ (@BinanceUS) March 24, 2022

Whale Buying Shib:

During the same period, the 168th biggest whale of Ethereum recorded purchase of a whopping 200,588,182,473 (200B) Shiba Inu tokens, valued at $4,944,498 ($4.9M) in a single transaction.

Looking deep into the whales’ wallet, we found that she currently holds a total of 11 tokens among which the Shiba Inu token appears to be his second-biggest position by dollar value following Ethereum. At the present time, this whale is holding a total of 4 trillion tokens, worth $91,243,192 ($91M), with an average purchase price per token of $0.0000246.

Besides all this, looking into etherscan.io data, we found that 1,142,380 (1.1M) unique wallet addresses currently hold Shiba Inu.

As per data provided by CoinMarketCap, at the time of writing, Shiba Inu is trading at the price of $0.00002481, showing a 1% increase over the last day and 13.06% over the last week. However, the 24-hours trading volume for the token dropped over 9% compared to the previous day and currently stands at $1,255,284,842 ($1.2B).

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