Cryptocurrency

New Shiba Inu Whale Accumulates 4.15 Trillion SHIB, Becomes 27th Largest Holder

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.

Read Also: Dormant Shiba Inu Whale with 101 Trillion SHIB Abruptly Moved 4 Trillion SHIB. Here’s the Destination

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.

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

According to WhaleStats, a prominent crypto whale tracker, Shiba Inu (SHIB) has surged to become the most traded token among the top 100 Ethereum (ETH) whales over the past 24 hours.

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.

Read Also: Big Shiba Inu Whale Buys Additional 150 Billion SHIB

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.


Follow us on Twitter, Facebook, Telegram, and Google News

Adedoyin Aka

Adedoyin is a graduate of Law and a Crypto & Blockchain expert who strongly believes that Blockchain is the future. At TimesTabloid, she focuses on crypto and blockchain educational content.

Recent Posts

Hedging Techniques in Crypto Trading: Safeguarding Investments in Volatile Markets

Introduction Cryptocurrency markets are known for their high volatility, often subjecting investors to drastic price…

8 seconds ago

Your Step-by-Step Overview to Winning at Online Gambling Enterprises

Сasino sites have brought the adventure of gambling to our fingertips, offering whatever from slots…

13 minutes ago

Eidoo Wallet — A Next-Generation Wallet

Eidoo Wallet — Your Convenient Access to the World of Cryptocurrencies In the modern world…

27 minutes ago

7Bit Casino Review: Before You Play, Read This!

With the recent global acceptance of gambling, we now have a plethora of online casinos…

45 minutes ago

The New Twitch Regulations to Gambling Content and Crypto Casinos

Twitch is the most popular live streaming platform on the planet. Primarily streaming gaming, it…

1 hour ago

New Cryptocurrency Regulations Transform Digital Asset Landscape

Recent regulatory changes are reshaping the United States cryptocurrency industry, bringing significant impacts to digital…

1 hour ago