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Whales feel delighted in buying Shiba Inu dips.
Top Ethereum Whale Gobbles Up another 142.67 Billion Shiba Inu (SHIB), worth $1.53 Million in Past 24 Hours.
Ethereum’s key stakeholder adds another 142.67 Billion SHIB, worth $1.53 Million to her wallet as the dog-themed cryptocurrency dips further below its current support level located at $0.00001125 on the 4 hours chart.
Taking advantage of discounted prices, the biggest ETH Whale currently ranked 293 on WhaleStats named “BlueWhale0073” exchanged another $1,539,417 ($1.53M) to buy 142,670,797,289 (142.67B) of Shiba Inu tokens through one significant transaction.
🐳 ETH whale "BlueWhale0073" just bought 142,670,797,289 $shib ($1,539,417 USD).
Ranked #293 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/CwcqgZFfne#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 26, 2022
This marks the whale’s second noteworthy transaction in less than 72 hours. Formerly on May 24th (Tuesday), she purchased 86,740,251,500 (86.74B) SHIB, worth $1,015,728 ($1.015M) in one transaction.
So far in this week, BlueWhale0073 has accumulated a whopping total of 229,411,048,789 (229.41B), worth $2,555,145 ($2.55M) through two separate transactions.
Shiba Inu Drops Below Current Support Level:
The widespread selloff in the global crypto market that began on May 9th is not over yet. Shiba Inu fails to defend its current support level located at $0.00001125 on the 4 hours chart.
In the past 24 hours, Shiba Inu pierced its above-mentioned support level and drops to a new low of $0.00001012. At the time of writing, SHIB is trading at the price of $0.00001041, down -8.98% over the last day, with a 24-hour trading volume of $526,510,828 ($526.51M).
If SHIB’s price plunges below the $0.00001012 mark, it will open doors to the retest of a historic support level located at $0.00000909. On the flip side, Bulls would only take charge when SHIB shows sustained trading above the critical resistance level located at $0.000013.