Cryptocurrency

5th Largest ETH Whale Grabs 289B SHIB to Make Shiba Inu Number One among 100 Biggest ETH Whales

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.

Read Also: Shiba Inu Team Confirms: Metaverse Land Payments Using SHIB Will Soon Start As Public Sale Opens

BlueWhale0073 Accumulated 289 Billion SHIB Tokens in 24 Hours

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.

Read Also: Shiba Inu (SHIB) on the Cusp of Expanding To Millions of Users Globally As BitPay Adds Four New Partners

SHIB Flips FTX to Become Number 1 among Top 100 ETH Whales

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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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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