Cryptocurrency

Two Ethereum Whales Grab 885 Billion SHIB worth $23 Million within Last 24 Hours

Two Ethereum whales have initiated a whopping purchase of 885.27 Billion SHIB worth $23.53 million within the last 24 hours.

The popular Ethereum whale known as “Gimli”, who is currently ranked fifth among the biggest 1000 ETH whales, has accumulated another 442 billion SHIB tokens, making his Shiba Inu holdings equal 1 trillion SHIB.

Read Also: AMC Theaters CEO Announces Date to Activate Dogecoin and Shiba Inu Payments

According to the recent data shared by WhaleStats, the tracker of the biggest 1000 Ethereum wallets, Gimli has recently purchased 442,637,867,858 SHIB worth $11,561,701 in a single transaction.

WhaleStats tweeted, “ETH whale “Gimli” just bought 442,637,867,858 SHIB ($11,561,701 USD). Ranked #5 on WhaleStats.”

A closer look into Gimli’s wallet shows that he currently holds a total of 1 trillion SHIB tokens worth $38 million. The whale’s average SHIB purchase price is seen to be $0.0000264. Also, Shiba Inu token is currently his ninth biggest token position by dollar value.

Read Also: Ethereum Founder Vitalik Buterin Just Proved He’s A Big Time Shiba Inu (SHIB) Supporter

Similarly, a whopping transaction of 442,637,867,858 SHIB tokens worth $11,969,061 was noticed within the last 24 hours, birthing a new Shiba Inu whale in the process, according to WhaleStats.

This implies that the two whales have accumulated a total of 885,275,735,716 SHIB tokens worth $23.5 million within the last 24 hours.


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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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