- The ETH wallet purchased 378 billion SHIB tokens this week.
- Shiba Inu’s trading price surged by 2.7% in the past week.
Whalestats, the tracker of the crypto whale transaction, reported that the ETH whale address BlueWhale0073 just bought 148,782,308,867 Shiba Inu tokens worth $1,651,483 on April 6. The transaction ranked 254 on Whalestat’s top transaction list. This is the second whale transaction by BlueWhale0073 in the same week.
This week, memecoins are attracting more attention in the crypto market. After the big wave of Doge, SHIB is now in action.
Two Massive SHIB Whales by the Same Wallet
Shiba Inu witnessed a huge whale transaction by the Ethereum wallet. The first one was on April 4, when the same wallet purchased 229,963,072,498 SHIB tokens worth $2.5 million. The Ethereum wallet BlueWhale0073 purchased 378 billion SHIB tokens this week. The wallet now holds 171,348,730,974.44 Shiba Inu tokens valued at $1,871,738.
The Ethereum wallet seems to be following a pattern. Every time it makes a massive whale transaction, it quickly gets rid of it. As a result, Shiba Inu continues to see a little surge in its trading price.
SHIB has shown lots of whale transactions in recent times. This one particular whale from Ethereum may have a huge impact on SHIB. Time and again, the Ethereum wallet named BlueWhale 0073 made massive purchases of the memecoin, which always managed to stand out in the crypto market.
At the time of writing, SHIB’s trading price is around $0.00001093, with an increase of 0.10% in the last hour, according to CoinMarketCap.
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