Despite the current unfavorable situation in the market, Ethereum whales have continued to showcase their resilience in Shiba Inu (SHIB) accumulation.
Amid the sell-off event, the price of Shiba Inu (SHIB) experienced about 30% dip to trade at around $0.000010 price region. At the time of filing this report, SHIB is trading at $0.0000110, with a relatively 26% price downtrend in the last 24 hours.
As ETH whales continue to leverage the market trend to buy the dip, a top Ethereum whale reportedly initiated the purchase of 207 billion SHIB tokens.
Read Also: Lead SHIB Developer Updates Shiba Inu Community on the Deal that Would “Break the Internet”
BlueWhale0073 Grabbed 207 Billion SHIB to Buy the Dip
As reported by WhaleStats, the tracker of 5000 biggest Ethereum whales, the wallet known as BlueWhale0073 ranked 196th, acquired a total of 207,882,946,977 worth $2,365,707 at the time of purchase, in a single transaction.
WhaleStats tweeted, “ETH whale “BlueWhale0073” just bought 207,882,946,977 SHIB ($2,365,707 USD). Ranked #196 on WhaleStats.”
🐳 ETH whale "BlueWhale0073" just bought 207,882,946,977 $shib ($2,365,707 USD).
Ranked #196 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/V1oK4nRInE#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 11, 2022
Read Also: A Popular US-Based Fitness Company Just Adopted Payments Using Shiba Inu (SHIB) via BitPay
Based on the data on Etherscan.io, 206,665,540,849 SHIB of the mammoth accumulation was subsequently transferred to one of the mysterious wallets that were discovered around the time Robinhood listed Shiba Inu (SHIB). The number of SHIB tokens in the whale’s wallet now stands at 2,156,477,845 SHIB worth around $22,000.
It’s worth noting that BlueWhale0073 has been spotted on several occasions sending SHIB tokens in billions to the mysterious whale wallet.
Follow us on Twitter, Facebook, Telegram, and Google News
