Two Ethereum Whales Purchase Over 130 Billion Shiba Inu (SHIB), worth $2.76 Million in the Past 24 Hours

Ethereum whales have continued their accumulation spree of Shiba Inu.

A whopping total of 130.58 Billion Shiba Inu (SHIB), worth 2.76 Million USD has been purchased by the two Top ETH Whales, through two separate transactions in the past 24 hours.

First Transaction: An Ethereum (ETH) whale has accumulated over 52.72 billion Shiba Inu (SHIB) tokens amid an ongoing accumulation of the most popular dog-themed cryptocurrency. The whale purchased the SHIB for $1.08 million.

As per data provided by WhaleStats, the 76th-biggest whale labeled “Bombur” acquired a total of 52,722,964,285 (52.72B) SHIB in one significant transaction. 

? ETH whale “Bombur” just bought 52,722,964,285 $shib ($1,080,820 USD).

Ranked #76 on WhaleStats: https://t.co/3ADbDHvWPW

Transaction: https://t.co/rMqSfPpc73#SHIB #ShibArmy

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 4, 2022

Shiba Inu appears to be Bombur’s fifth-biggest holding position by dollar value with 1 trillion SHIB tokens held, worth $21.84 million at the time of writing, WhaleStats reports.

Second Transaction: Just a few hours ago, another biggest ETH whale labelled “BlueWhale0073” becomes active and gobbled up a big chunk of 77.86 billion SHIB, worth $1.67M in one significant transaction.

? ETH whale “BlueWhale0073” just bought 77,863,856,441 $shib ($1,679,523 USD).

Ranked #221 on WhaleStats: https://t.co/RBupemZyZX

Transaction: https://t.co/D91USg1iBF#SHIB #ShibArmy

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 4, 2022

This appears to be the second massive transaction from the world’s fifth-biggest Ethereum whale in the last 48 hours. 

As reported earlier by TheCryptoBasic, the same whale has added 70.60 billion SHIB, worth over $1.44M to her portfolio through one transaction on Tuesday.

Biggest Holding Position Among Top 1000 ETH Whales:

With this accumulation, SHIB manages to retain its top holding position among the top 1000 ETH addresses. As per data provided by WhaleStats, they currently hold a combined $1.28 billion worth of SHIB.

? The top 1000 #ETH whales are hodling

$1,280,237,629 $SHIB
$1,112,483,284 #FTX Token
$373,547,528 $BEST
$275,183,142 $OKB
$267,251,673 $MATIC
$231,885,984 $CHSB
$220,337,845 $MANA
$202,992,389 $LINK

Whale leaderboard ?https://t.co/jFn1zIOq03 pic.twitter.com/RqSCbGpP1W

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 5, 2022

Impact on SHIB Price:

Shiba Inu’s price surged over 3% in the last 24 hours as top major ETH whales continue to add the most popular memecoin to their portfolio. 

At the time of writing, SHIB is seen trading at the price of $0.00002155 across major exchanges, with a 24-hour trading volume of $587.47 million.

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