Shiba Inu Rises After Major Whale Buys 375B Shiba Inu, Shib Now Most Purchased Coin By Top 2k ETH Whales

The prominent ETH Whale appetite for Shiba Inu (SHIB) accumulation cannot be suppressed at such discounted prices.

Major ETH Whale “BlueWhale0073” Keeps On Taking Advantage of Low Prices and Gobbled Up 375.97 Billion Shiba Inu (SHIB), Worth $4.56 Million in the Past 24 Hours.

Top Ethereum Whale gobbled up another big chunk of 375.97 Billion Shiba Inu (SHIB), worth $4.56 Million in the past 24 hours as Shiba Inu price stabilized a bit above its critical support level located at $0.0000095.

As of the recent WhaleStats report, the top ETH Whale named “BlueWhale0073” has just purchased 375,977,961,547 (375.97B) more of SHIB, worth $4,568,132 ($4.56M) in one significant transaction.

? ETH whale “BlueWhale0073” just bought 375,977,961,547 $shib ($4,568,132 USD).

Ranked #329 on WhaleStats: https://t.co/RBupemZyZX

Transaction: https://t.co/fLRauQU4Md#SHIB #ShibArmy

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 16, 2022

The widespread selloff in the global crypto market began on May 9. On the same date, Shiba Inu lost its previous critical support located at $0.00001717. Since then, the price of Shiba Inu dropped over 46% and tested its previous resistance level turning into support found at $0.0000095.

During this week’s selloff period, “BlueWhale0073” accumulated a total of 1.64 trillion SHIB, worth $21,105,284 ($21.10M) through six separate transactions while taking advantage of low prices.

This recent accumulation from the ETH whale makes SHIB one of the top purchased tokens among the 2000 most giant ETH whales in the last 24 hours.

? Top 10 purchased tokens by 2000 biggest #ETH whales today

? $USDC
? $USDT
? $ETH
4️⃣ $BUSD
5️⃣ $SHIB @Shibtoken
6️⃣ $WOO @WOOnetwork
7️⃣ $USDP
8️⃣ $APE @apecoin
9️⃣ $CRV @curvefinance
? $LINK @chainlink

Whale leaderboard ?https://t.co/R19lKnPlsK pic.twitter.com/7fpWfapZCX

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 17, 2022

The most popular dog-themed cryptocurrency is now down -25.97% over the week and is currently trading at $0.00001265. As of today, Shiba Inu is staging a modest recovery and is now up 4.80% over the last day, with a 24-hour trading volume of $501,912,415 ($501.91M).

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