The 5th largest Ethereum (ETH) whale identified as BlueWhale0073 has been grabbing Shiba Inu (SHIB) tokens in billions over the last 24 hours. The whale has in two separate transactions purchased a total of 289 billion SHIB tokens worth about $7 million.
This massive purchase has aided Shiba Inu (SHIB) to become the number one token among the 100 biggest Ethereum whales.
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According to WhaleStats and as earlier reported by Times Tabloid, BlueWhale0073’s first transaction carried the sum of 219,332,229,787 SHIB worth $5,454,792 when the purchase was initiated.
As also reported by WhaleStats, the second transaction that was made by BlueWhale0073 carried 70 billion SHIB worth relatively $1,619,800 at the time of the transaction.
WhaleStats tweeted, “ETH whale “BlueWhale0073” just bought 70,000,000,000 SHIB ($1,619,800 USD). Ranked #5 on WhaleStats”
So, the recent accumulation performed by BlueWhale0073 brings its total within the last 24 hours to 289.33 Billion Shiba Inu tokens worth about $7 million.
In another development, WhaleStats says Shiba Inu (SHIB) has displaced FTX Token (FTT) to become the biggest holding position by dollar value among the top 100 Ethereum whales.
WhaleStats reported, “JUST IN: $SHIB @Shibtoken has flipped FTX Token for biggest holding by dollars among top 100 ETH whales.”
So, the increase in SHIB’s position among the biggest ETH whales within the last 24 hours is being attributed to the massive purchase reported above.
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