Within the last 24 hours, two top Ethereum whales have collectively acquired 271.13 billion SHIB tokens worth $6.63 million, according to WhaleStats.
As reported by WhaleStats, an Ethereum whale identified as BlueWhale0073 purchased a whopping 219.33 billion Shiba Inu tokens worth $5.45 million as the accumulation of the leading dog-themed tokens continues.
Read Also: On-Chain Data: Ethereum Whales Are Pouncing On Shiba Inu (SHIB) Amid Crypto Market Downturn
The whale’s wallet is reportedly the 5th largest Ethereum (ETH) whale.
WhaleStats tweeted, “ETH whale “BlueWhale0073” just bought 219,332,229,787 SHIB ($5,454,792 USD). Ranked #5 on WhaleStats.”
The second notable accumulation of SHIB within the last 24 hours was initiated by an Ethereum whale known as Bombur.
According to WhaleStats, the whale bought 51.7 billion SHIB tokens worth relatively $1.1 million at the time of purchase.
WhaleStats tweeted, “ETH whale “Bombur” just bought 51,799,991,288 SHIB ($1,178,967 USD).”
So, within the last 24 hours, the two Ethereum whales have managed to accumulate a total of 271,132,221,075 SHIB worth $6,633,759, in just two transactions.
Although Shiba Inu (SHIB) has been popular among top ETH whales before Robinhood listed SHIB, the interest increased drastically after the much-awaited listing.
Moreover, the interest in Shiba Inu (SHIB) by ETH whales gained notable momentum after the SHIB Burn Portal was officially launched. The Ethereum whales are now grabbing SHIB tokens on a daily basis as the community embarks on a SHIB burning spree using the newly launched burn portal.
WhaleStats has also shown that SHIB is the number one token among the biggest 5000 Ethereum whales, as they have collectively accumulated $1,453,904,437 worth of SHIB tokens so far.
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