In a surprising development, a brand-new Shiba Inu (SHIB) whale has made a massive accumulation of $32.46 million worth of SHIB tokens in the past 24 hours.
This whale, whose activity has been tracked on Etherscan.io, added an astonishing 4,15 trillion SHIB tokens, valued at $32.17 million, to her wallet. These acquisitions were completed through three separate transactions, showcasing her substantial appetite for SHIB.
The buying spree commenced approximately 14 hours ago when the whale made her initial move. In the first transaction, she purchased 4,113,776,233,445 SHIB tokens, amounting to $31.88 million.
A few hours later, she made a smaller purchase of 1,500,000 (1.50 million) SHIB tokens, equivalent to a mere $11 in value. In her final transaction, she added an additional 37,966,105,116 (37.96 billion) SHIB tokens, valued at $294,236, further strengthening her portfolio.
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Following this substantial accumulation, the newly emerged whale has become the 27th largest holder of SHIB, solidifying her presence as a significant player in the SHIB ecosystem.
Shiba Inu Dominates ETH Whales’ Holdings
In this select group, the top 100 ETH whales collectively hold an impressive 49,621,465,093,500 SHIB tokens, which amount to a staggering $601,204,724 in value. This accounts for nearly 11% of their total holdings, underscoring the significant presence of SHIB in their portfolios.
Despite recent market volatility, Shiba Inu remains a preferred choice among these influential Ethereum whales, highlighting the sustained interest and confidence in the token’s potential.
Shiba Inu (SHIB) in the Market
As of the latest data, SHIB is trading at $0.000007824, representing a relatively 1% price decrease in the last 24 hours. However, it is worth noting that the 24-hour trading volume for SHIB has experienced about an 8% increase, reaching $106,642,888, which indicates active trading activity and market engagement.
As Shiba Inu (SHIB) maintains its position as a popular choice among top ETH whales and attracts attention from emerging whales, the cryptocurrency continues to navigate the crypto market with both interest and volatility. Investors and enthusiasts alike are closely monitoring its performance and market trends to gauge its future potential.