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New Shiba Inu Whale Born: ETH Whale Just Bought 442B SHIB worth $11.9M in A Single Transaction

According to WhaleStats, the tracker of top 1000 Ethereum whales’ activity, a new Shiba Inu whale has just been born after a massive purchase of SHIB tokens by an anonymous Ethereum whale.

The data shared by WhaleStats shows that a new whale has just bought a total of 442,637,867,858 SHIB tokens worth $11,969,061 in a single transaction.

WhaleStats tweeted, New SHIB whale was born!!! Holds 442,637,867,858 $SHIB ($11,969,061) Transaction.”

Whales Keep Buying Shiba Inu (SHIB)

Currently, whales are actively purchasing both SHIB and FTX. The two coins are the top favorites of crypto whales. Whenever the market is in the dip, whales seize the opportunity to accumulate.

A few days ago, the biggest ETH whale named “Light” purchased 49 billion SHIB tokens worth $1.21 million at the time of the transaction.

SHIB Is Back On Top 10 Purchased Coins by Biggest 1000 ETH Whales

According to WhaleStats, Shiba Inu (SHIB) is back on the top 10 purchased coins among the biggest Ethereum whales in the last 24 hours.

The report can be attributed to the impact of the massive purchase of SHIB recently initiated by the newborn Shiba Inu whale.

WhaleStats reported, “JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens by 1000 biggest #ETH wallets in the past 24hrs.”

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Meanwhile, the crypto markets, including Shiba Inu, have been showcasing a massive growth potential over the past few days. At the time of filing this report, SHIB is trading at $0.00002677, with a relatively 2% price increase based on 24 hours estimation, according to CoinMarketCap.


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Tobi Loba
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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