Top ETH Whale Buys 56.94 Billion Shiba Inu In 24 Hours, 214B In A Week Without Selling, Now Holds 1.1T Shib

Top ETH Whale Buys 56.94 Billion Shiba Inu In 24 Hours, 214B In A Week.

Over 214.25 Billion Shiba Inu (SHIB) has been accumulated by the 72^nd biggest ETH whale in the last seven days, whereas 56.94 Billion were gobbled up in the previous 24 hours while taking advantage of the widespread sell-off in the global crypto market.

Despite the recent widespread sell-off, the top ETH whales are busy accumulating the most popular dog-themed cryptocurrency, Shiba Inu (SHIB).

The blockchain data tracking website, WhaleStats reveals that the top ETH whale “Bombur” has just purchased 56,946,679,217 (56.94B) SHIB, worth $1,070,028 ($1.07M) in one significant transaction.

? ETH whale “Bombur” just bought 56,946,679,217 $shib ($1,070,028 USD).

Ranked #72 on WhaleStats: https://t.co/3ADbDHwuFu

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

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 8, 2022

This is her fourth significant transaction in a week.

As per data provided by Etherscan.io:

The ETH whale has accumulated 50,801,950,473 (50.80B) SHIB, worth $1,052,035 ($1.05M) through one significant transaction on Monday. Following this, she took a gap of over 24 hours and then performed another transaction on Wednesday to purchase 52,722,964,285 (52.72B) more SHIB, worth $1,147,406 ($1.14M).

On Friday, the whale again became active and added 53,788,394,748 (53.78B) more SHIB, worth $1,080,028 ($1.08M) to her portfolio, while performing her third significant transaction of the week.

In doing so, Bombur has gobbled up a whopping total of 214,259,988,723 (214.25B) SHIB tokens, worth $4,349,497 ($4.34M) through four separate transactions in the past week.

Interestingly, this ETH whale has not sold even a single Shiba Inu token since April 13, 2022, as per data provided by etherscan.io.

The 72^nd biggest ETH whale now holds a total of 1,119,764,966,711 (1.11T) SHIB, worth $19,551,096 ($19.55M) in her wallet.

Shiba Inu (SHIB) seems to be underperforming for the last seven days, along with other top cryptocurrencies. As per CoinMarketCap (CMC) data, the dog-themed cryptocurrency has lost -18.87% of its value in the past seven days.

At the time of writing, the Shiba Inu token is seen trading at $0.00001723, down more than 8% for the day, with a 24-hour trading volume of $579,284,606 ($579.284M) USD.

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