Shiba Inu Whale Accumulates 117 Billion SHIB

Primary ETH Whale has accumulated $1.53 Million worth of Shiba Inu (SHIB) in the past 24 hours.

The 248th biggest holder of Ethereum tagged BlueWhale0073, has purchased a staggering 117,589,628,832 (117.58B) SHIB, worth $1,535,720 ($1.53M) through one significant transaction. As per Etherscan.io, the transaction is performed about 13 hours ago from press time.

Top ETH Whale Adds 11758 Billion SHIB
Top ETH Whale Adds 11758 Billion SHIB

With the recent purchase, Shiba Inu (SHIB) has become the third-largest holding by dollar value for this key Ethereum investor. According to Etherscan.io, the whale currently holds $1.53 Million worth of SHIB, only less than Polygon (MATIC) and Tether (USDT) in terms of dollar value holdings. As of press time, the whale’s wallet contains $3.50 million of Polygon and $2.86 million of Tether (USDT).

Major ETH Whale Holdings By Dollar Value
Major ETH Whale Holdings By Dollar Value

Shiba Inu, is experiencing a surge in investment and excitement as the highly anticipated launch of Shibarium Beta approaches. According to WhaleStats, the top 1000 Ethereum whales currently hold Shiba Inu tokens worth a staggering $677,330,496 ($677.33M).

In a recent development, the lead developer of Shiba Inu, Shytoshi Kusama, invited everyone to embrace the core values of Shibarium, burn, protect, grow, and help – through an official medium blog post. Kusama also made the official “All Things Shibarium” Telegram group live, revealing the official logo for the much-awaited Layer 2 solution.

Despite Shytoshi Kusama confirming that Shibarium Beta is ready, he refuses to give the exact launch date. However, Kusama recently hinted at a potential launch before May.

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As of writing, Shiba Inu is trading at the price of $0.00001314, down -3.87% over the last day with a 24-hour trading volume of $531,131,651 ($531.13M).

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Source: https://thecryptobasic.com/2023/02/17/shiba-inu-whales-goes-for-117-billions-shib/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-whales-goes-for-117-billions-shib