Thu, March 28

The Mysterious ETH Whale Purchased the Dip for Shiba Inu Worth $1.3M

Shiba Inu Is Listed on a Regulated Canadian Exchange - Netcoins Ethereum News
  • Mysterious Ethereum whale bought over 55B Shiba Inu tokens.
  • WhaleStats reports the purchase of SHIB costs over $1.3 million. 
  • Shiba Inu is the 5th most purchased token by top 1000 ETH whale wallets. 

As Ethereum is a popular and the second largest cryptocurrency in the market, it normally owns a large quantity of investors. Thus, it is not a surprise that there are plenty of ETH whales surviving in the market. As per the WhaleStats, the mysterious Ethereum whale is the 12th biggest whale of Ethereum (ETH) in the community.  

As a massive turnout, the mysterious Ethereum whale just bought over 55,802,919,158 SHIB tokens worth $1.3 million within one transaction.

ETH Whales bought the Dip of SHIB 

Since a huge transaction within a day, Shiba Inu ranks to be the 5th most acquired token by the top 1000 Ethereum whale wallets. Moreover, as per the purchase calculations, each ETH whale bought 71,509,754 SHIB tokens. And the value for the overall tokens were at $1,769 USD according to the WhaleStats data

Out of all Ethereum whales, the most prominent and biggest ETH whale is  “Light”. And it is the huge holder of Shiba tokens in hand. Interestingly, the Light ETH whale alone purchased 49,998,916,299 Shiba Inu tokens, price value worth $1,211,473 USD. 

Further, as the biggest SHIB holder, Light possesses the Shiba Inu token as his  3rd biggest crypto token position by dollar value. More so, with the overall estimation of 36 trillion Shiba Inu tokens highly valued at $866,896,450 USD currently. 

According to CoinMarketCap, the current price of SHIB is $0.000025 with a 24 hour trading volume crossing over a million rate. Additionally, the market status of Shiba Inu is fluctuating marking both up and down trends at present. Also, the Shiba Inu is facing a downfall of 0.02% in the last 24-hours.

Thus, purchasing over 55 billion of SHIB tokens by the  mysterious ETH whales in just one transaction is marked to be the massive purchase in the market.

A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.