A newly discovered anonymous whale wallet has been expressly accumulating Shiba Inu (SHIB) over the last 48 hours.
It was discovered a couple of hours ago that the whale wallet has been quietly buying SHIB tokens in billions. Just 48 hours ago, the whale was holding 5.4 trillion SHIB tokens worth $136 million. Recent activity has shown that the whale is not done accumulating the popular dog-themed token.
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According to the data provided by Etherscan.io, within the last 24 hours, the anonymous whale has managed to accumulate the sum of 177,962,029 SHIB worth $4.4 million via four different transactions.
Based on Etherscan.io’s report, the mysterious whale wallet was spotted interacting with a wallet named Binance 14 and the 5th biggest Ethereum whale, “BlueWhale0073”.
The whale address also interacted with a wallet named Binance 16 and added 52,568,765,361 SHIB tokens worth $1.31 million via two separate transactions. First transaction carried 1,240,876,392 SHIB, while second transaction carried 51,327,888,969 SHIB.
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At the time of press, the anonymous whale wallet holds a total of 5,575,089,676,543 SHIB tokens worth $140 million at current prices, according to Etherscan.io.
It should be noted that the whale started to accumulate SHIB tokens on 5th April 2022, but became more aggressive after the listing of SHIB on Robinhood on the 12th of April.
This makes Shiba Inu community members opine that the whale’s wallet is likely that of Robinhood, in a bid to gain liquidity for SHIB, its new listing.
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