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Two Anonymous Shiba Inu Whales Grab 7.3 Trillion SHIB As Price Trend Remains Bullish

There have been lots of Shiba Inu whales’ activities over the past hours. Two anonymous whales reportedly added a total of 7.31 trillion SHIB. The first whale grabbed 3.94 Trillion SHIB, while the other added $3.37 trillion SHIB.

According to data from Etherscan, a mysterious whale added relatively 3.94 trillion SHIB to its portfolio in the past couple of hours, as the price of the digital asset gains momentum.

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Data shows that the whooping addition took the anonymous whales in two separate transactions. The first transaction carried 26,333,275,694 SHIB worth $288,612 at the time of purchase. While the second transaction carried 3,940,596,883,112 (3.94 Trillion) SHIB, worth $43.18 million.

Two Anonymous Shiba Inu Whales Grab 7.3 Trillion SHIB As Price Trend Remains Bullish
Source: Etherscan.io

Also, Whale Alert, the tracker of large transactions of cryptocurrencies, spotted and reported another gargantuan accumulation of Shiba Inu (SHIB) by another anonymous whale.

According to the report, the mysterious whale grabbed about 3.37 Trillion SHIB worth $37.46 million at the time of purchase.

Whale Alert tweeted, “3,377,867,790,724 SHIB (37,375,684 USD) transferred from unknown wallet to unknown wallet.”

The increase in whales’ interest in Shiba Inu (SHIB) can be attributed to the bullish trend exhibited by the digital token in recent hours.

Read Also: Will Shiba Inu (SHIB) Ever Reach $1? Here’s What This Bitcoin Proponent Has To Say

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It’s worth noting that the second-largest dog-themed token overcame its most crucial resistance level at $0.00001080 on October 26. The cryptocurrency has maintained a favorable trend to register an intraday high of $0.0000118. However, it later retraced to make the broken level a resistance.

At the time of filing this report, SHIB is trading at $0.00001103, with a 4.31% price uptrend in the last 24 hours.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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