According to WhaleStats, the tracker of top 1000 Ethereum whales, a new Shiba Inu whale has just surfaced. The anonymous whale just bought a whopping 3.4 trillion SHIB worth about $115.9 million at current prices.
The on-chain data provided by WhaleStats reveals that two different transactions initiated a couple of hours, gave birth to the new whale in the Shiba Inu community.
Read Also: Shiba Inu (SHIB) Surges 25%, Displaces Polygon (MATIC) and Outperforming All Top 20 Cryptocurrencies
Going by the report, the new whale wallet now holds 3,457,477,154,937 SHIB tokens, which were worth $115,998,358 at the time the huge transactions were effected.
WhaleStats tweeted, “New SHIB whale was born!!! Holds 3,457,477,154,937 $SHIB ($115,998,358).”
🥳🥳 New #SHIB whale was born!!!
Holds 3,457,477,154,937 $SHIB ($115,998,358)
Transactions:
1⃣https://t.co/Thm9OcK8N9
2⃣https://t.co/WQPW4msbbIWelcome to the #ShibArmy Family! pic.twitter.com/TkejUCImgb
— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) February 8, 2022
Shiba Inu (SHIB) Dominance on the Ethereum Network
The dominance of Shiba Inu (SHIB) whales on the Ethereum network has once again increased as the digital token printed a meteoric price surge.
According to WhaleAlerts, the tracker of top 1000 Ethereum bag holders, whales currently hold $1.5 billion worth of Shiba Inu in their wallets.
Read Also: Shiba Inu (SHIB) Trading Goes Live On Turkey-Based Crypto Exchange Bitexen
As TimesTabloid earlier reported, Ethereum whales have not shown any sign of stopping their SHIB buy habit. They seize all possible opportunities to add more SHIB tokens to their balances. The buying spree has resulted in a 26% concentration of the token’s total supply in the hands of whales.
It’s also worth noting that Shiba Inu (SHIB) has flipped FTT to become the biggest holding among Ethereum whales.
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