Cryptocurrency

Biggest Ethereum Whale Grabs 49 Billion SHIB as SHIB Returns to Top 10 Purchased Tokens by ETH Whales

According to the data provided by WhaleStats, the tracker of the activity of the top 1000 Ethereum whales, there has been Shiba Inu (SHIB) accumulation spree by the largest ETH wallets.

Going by the data from WhaleStats, the biggest Ethereum whale, known as ‘Light’, just bought 49 billion SHIB tokens worth around $1.21 million at current prices.

Read Also: Ethereum Founder Vitalik Buterin Just Proved He’s A Big Time Shiba Inu (SHIB) Supporter

The recent purchase has now made the total SHIB holdings by 1000 biggest ETH wallets become 53,889,998,890,752 SHIB tokens worth relatively $1.2 billion.

WhaleStats tweeted, “ETH whale “Light” just bought 49,998,916,299 SHIB ($1,211,473 USD). Ranked #1 on WhaleStats.”

A closer look into the Light Whale wallet revealed that Shiba Inu (SHIB) is his 3rd largest position by dollar value. The Whale is currently holding 36 trillion SHIB worth $859.1 million at current prices and the average purchase price of the accumulated SHIB tokens is $0.0000241.

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Shiba Inu (SHIB) Returns to Top 10 Purchased token By Ethereum Whales

Another report from WhaleStats says that Shiba Inu (SHIB) is back to top 10 purchased tokens by 1000 biggest Ethereum whales. According to the report, on average, each whale wallet accumulated 84.7 million SHIB.

WhaleStats tweeted, “JUST IN: SHIB is back on top 10 purchased tokens by 1000 biggest ETH whales. SHIB current price is $0.00002391, ups 9.6% over the last 24hrs.”


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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