ETH Whale Archives - Times Tabloid https://timestabloid.com/tag/eth-whale/ Cryptocurrency and Blockchain Tabs Fri, 29 Jul 2022 11:18:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://timestabloid.com/wp-content/uploads/2021/08/cropped-Times-Tabloid-Favicon-32x32.png ETH Whale Archives - Times Tabloid https://timestabloid.com/tag/eth-whale/ 32 32 ETH Whales Increase their SHIB Holdings By 580% in 24 Hours As Whales Interest in Shiba Inu Grows https://timestabloid.com/eth-whales-increase-their-shib-holdings-by-580-in-24-hours-as-whales-interest-in-shiba-inu-grows/ Fri, 29 Jul 2022 11:18:21 +0000 https://timestabloid.com/?p=8023 Ethereum whales have continued to showcase their interest in Shiba Inu (SHIB) with their buying spree as crypto bulls gather strength for a notable comeback. According to WhaleStats, the tracker of Ethereum whales’ activity, the ETH bag holders increased their SHIB holdings by over 560% within 24 hours. We Are On Twitter: Follow Us As […]

The post ETH Whales Increase their SHIB Holdings By 580% in 24 Hours As Whales Interest in Shiba Inu Grows appeared first on Times Tabloid.

]]> Ethereum whales have continued to showcase their interest in Shiba Inu (SHIB) with their buying spree as crypto bulls gather strength for a notable comeback.

According to WhaleStats, the tracker of Ethereum whales’ activity, the ETH bag holders increased their SHIB holdings by over 560% within 24 hours.

We Are On Twitter: Follow Us

As reported by the ETH whales’ tracker, their SHIB holdings grew from $736,000 to over $5 million within 24 hours, making SHIB become the second-largest token held by ETH whales in the process.

Source: WhaleStats

Read Also: Here’s Why Some Think Elon Musk is the Anonymous Founder of Shiba Inu (SHIB)

Behind Shiba Inu (SHIB) are a list of other tokens such as Ethereum’s scaling solution Polygon (MATIC), the native token of decentralized virtual world Decentraland (MANA), and the utility token of the Cronos (CRO) ecosystem.

Why The Sudden Increase?

The sudden increase in the number of Shiba Inu in the Ethereum whales’ portfolios can be attributed to the whopping purchase initiated by two whales, codenamed “Gimli,” and “BlueWhale0159”.

Between the 27th and 28th of July, the two ETH whales collectively accumulated a total of 1.06 trillion SHIB tokens worth $12.95 million at the time of purchase.

This increase in SHIB accumulation among Ethereum whales comes at a time when over 60% of Shiba Inu investors are at loss. At current prices, only 27% of SHIB holders are in profit, while just 4% are at the break-even level.

Read Also: Ethereum Co-Founder Vitalik Buterin Acknowledges the Impact of Shiba Inu (SHIB) and its Community

Data also show that about 26% of Shiba Inu holders have held the digital currency for over a year, while 70% have held the crypto between 1 to 12 months.

At the time of writing, Shiba Inu (SHIB) is trading at $0.00001202, with a relatively 6% price upsurge in the last 24 hours.

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

The post ETH Whales Increase their SHIB Holdings By 580% in 24 Hours As Whales Interest in Shiba Inu Grows appeared first on Times Tabloid.

]]> Ethereum Whale Gimli Just Grabbed 250 Billion SHIB worth $2.76 Million https://timestabloid.com/ethereum-whale-gimli-just-grabbed-250-billion-shib-worth-2-76-million/ Fri, 08 Jul 2022 18:11:15 +0000 https://timestabloid.com/?p=7403 Ethereum whales continue to show interest in Shiba Inu (SHIB), the second-largest dog-themed token in the market. The latest whopping purchase initiated by a popular ETH whale involved 250 billion SHIB tokens, as recently reported by WhaleStats. ETH Whale Gimli Buys 250 Billion SHIB According to WhaleStats, the tracker of 5000 biggest Ethereum whales, an […]

The post Ethereum Whale Gimli Just Grabbed 250 Billion SHIB worth $2.76 Million appeared first on Times Tabloid.

]]> Ethereum whales continue to show interest in Shiba Inu (SHIB), the second-largest dog-themed token in the market. The latest whopping purchase initiated by a popular ETH whale involved 250 billion SHIB tokens, as recently reported by WhaleStats.

ETH Whale Gimli Buys 250 Billion SHIB

According to WhaleStats, the tracker of 5000 biggest Ethereum whales, an ETH whale identified as Gimli has recently initiated the purchase of 250 billion SHIB worth $2.7 million.

We Are On Twitter: Follow Us

According to the whale tracker, the bag holder involved is ranked 235th among Ethereum whales.

WhaleStats tweeted, “ETH whale “Gimli” just bought 250,000,000,000 SHIB ($2,762,500 USD). Ranked #235 on WhaleStats.”

A closer look into Gimli’s wallet shows that it currently holds a number of other cryptocurrencies, including Decentraland (MANA), Chainlink (LINK), Enjin (ENJ), Basic Attention Token (BAT), USD Coin (USDC), Fantom (FTM).

As expected, Ethereum takes the largest share of the whale’s holdings. ETH represents 76% of its portfolio. With the latest SHIB purchase, SHIB now holds about 19%, while the rest of the coins mentioned above share 5% of Gimli’s portfolio.

Read Also: Coinbase Data Shows that 92% of Users Are Buying Shiba Inu (SHIB): Details

Shiba Inu (SHIB) in the Market

In the last 24 hours, the crypto market has shown signs of resurgence, with the flagship crypto Bitcoin (BTC) surpassing the $21,000 mark. Shiba Inu (SHIB) has also been showcasing positive trends.

At the time of filing this report, SHIB is trading at $0.00001135, with about a 5% price uptrend based on 24 hours estimation.

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

The post Ethereum Whale Gimli Just Grabbed 250 Billion SHIB worth $2.76 Million appeared first on Times Tabloid.

]]> Top ETH Whale Keeps Leveraging the Dip, Grabs 163 Billion SHIB in A Single Transaction https://timestabloid.com/top-eth-whale-keeps-leveraging-the-dip-grabs-163-billion-shib-in-a-single-transaction/ Thu, 23 Jun 2022 11:18:43 +0000 https://timestabloid.com/?p=6861 A particular Ethereum whale has been around the market for the past few months purchasing SHIB tokens worth millions of dollars. The whale identified as BlueWhale0073 is again back in the market to accumulate more SHIB tokens as usual. This time, the whale grabbed SHIB tokens worth about $1.5 million to leverage the dip. We […]

The post Top ETH Whale Keeps Leveraging the Dip, Grabs 163 Billion SHIB in A Single Transaction appeared first on Times Tabloid.

]]> A particular Ethereum whale has been around the market for the past few months purchasing SHIB tokens worth millions of dollars.

The whale identified as BlueWhale0073 is again back in the market to accumulate more SHIB tokens as usual. This time, the whale grabbed SHIB tokens worth about $1.5 million to leverage the dip.

We Are On Twitter: Follow Us

BlueWhale0073 Buys 163 Billion SHIB

According to the data shared by WhaleStats, BlueWhale0073 bought a total of 163,286,048,050 SHIB tokens worth $1,575,710 at the time of purchase. Based on the whales’ tracking platform, the whopping acquisition played out in a single transaction.

WhaleStats tweeted, “ETH whale “BlueWhale0073” just bought 163,286,048,050 SHIB ($1,575,710 USD). Ranked #880 on WhaleStats.”

Read Also: Switchere Exchange and Shiba Inu Army Likely Working on a Big Surprise: Details

Shiba Inu (SHIB) and Other Cryptocurrencies in the Market

The bear continues to overwhelm the market as cryptocurrencies struggle to hold their respective supports to prepare for a fresh uptrend.

Bitcoin (BTC), the largest cryptocurrency by market cap, has been changing hands around $20,000 support level for quite some days, causing the fear of a possible downtrend below the vital support.

As for Shiba Inu, the massive accumulation initiated by the ETH whale comes after SHIB retested the recently conquered resistance at around $0.000009 on the daily chart. However, the market is now showcasing a resurging strength as SHIB trades above the $0.000010 resistance level.

At the time of filing this report, SHIB is trading at $0.00001022, with a relatively 1% price downtrend in the last 24 hours, according to CoinMarketCap.

It can also be recalled that SHIB was the best performer among the top 20 digital currencies about 24 hours ago.

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

The post Top ETH Whale Keeps Leveraging the Dip, Grabs 163 Billion SHIB in A Single Transaction appeared first on Times Tabloid.

]]> A Top ETH Whale Takes Advantage of Low Prices to Grab 375 Billion SHIB Tokens in a Single Transaction https://timestabloid.com/a-top-eth-whale-takes-advantage-of-low-prices-to-grab-375-billion-shib-tokens-in-a-single-transaction/ Tue, 17 May 2022 11:21:20 +0000 https://timestabloid.com/?p=5852 Some Ethereum whales only see the current situation in the market as an opportunity to accumulate more of the hottest dog-themed digital currency, Shiba Inu (SHIB). A top Ethereum whale codenamed BlueWhale0073, who has been on a SHIB accumulation spree over the past couple of days, has recently grabbed more SHIB tokens in billions. Read […]

The post A Top ETH Whale Takes Advantage of Low Prices to Grab 375 Billion SHIB Tokens in a Single Transaction appeared first on Times Tabloid.

]]> Some Ethereum whales only see the current situation in the market as an opportunity to accumulate more of the hottest dog-themed digital currency, Shiba Inu (SHIB).

A top Ethereum whale codenamed BlueWhale0073, who has been on a SHIB accumulation spree over the past couple of days, has recently grabbed more SHIB tokens in billions.

Read Also: Rain Crypto Exchange Just Listed Shiba Inu As SHIB Gains Recovery Momentum

BlueWhale0073 Buys 375 Billion SHIB Tokens

According to WhaleStats, BlueWhale0073 has initiated the purchase of another whopping 375.97 billion SHIB tokens worth $4.56 million to probably take advantage of the current situation in the crypto market.

According to the report, it took the whale a single transaction to initiate the huge purchase.

WhaleStats tweeted, “ETH whale “BlueWhale0073” just bought 375,977,961,547 SHIB ($4,568,132 USD). Ranked #329 on WhaleStats.”

The major capitulation that caused the major price dip in the crypto market started on the 9th of May 2022. This negative trend made Shiba Inu (SHIB) lose its previous support at $0.0000171 to trade as low as $0.0000095, representing about 46% price loss within a few days.

Read Also: A Whale Sold 5 Trillion SHIB; Is This Why SHIB Dipped Over 31%, Could This Be Justin Sun? Details

Despite the major sell-off, BlueWhale0073 has been specifically and relentlessly accumulating Shiba Inu tokens. The popular whale has managed to purchase a total of 1.64 trillion SHIB worth $21.1 million via six different transactions. And many within the Shiba Inu community believe that the whale is initiating the whopping buys to take advantage of low prices.

In another development reported by WhaleStats, Shiba Inu (SHIB) is number five among the top 10 purchased tokens by 2000 biggest Ethereum whales within the last 24 hours.

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

The post A Top ETH Whale Takes Advantage of Low Prices to Grab 375 Billion SHIB Tokens in a Single Transaction appeared first on Times Tabloid.

]]>