Top Whale Snaps Up $1 Million Worth of Shiba Inu.
Top Shiba Inu whale accumulated $1 million worth of SHIB in the past 24 hours as the world’s 15th biggest cryptocurrency eyes to reclaim the much-coveted $0.00001 zone.
Etherscan.io data reveals that the 19th biggest holder of SHIB has just added a staggering 121,271,415,827 (121.27B) SHIB, valued at $1,073,251 ($1.07M) to her portfolio through three separate transactions in the past 24 hours.
Breakdown of Transactions
The Whale initiated her buying spree about 15 hours ago from press time, where she scooped up 6,184,556,964 (6.18B) SHIB, worth $54,733 in a single transaction.
A few minutes later, she executed her second transaction, acquiring an additional 101,206,587,299 (101.20B) SHIB, worth $895,678.
However, the whale’s insatiable appetite for SHIB tokens did not stop there. She made another purchase by splurging $122,840 to accumulate a further 13,880,271,564 (13.88B) SHIB.
The Whale now holds a huge 5,526,578,196,303 (5.52B) SHIB, worth $48,910,217 (48.91M) in her wallet.
Whale’s Accumulation Sparks 3% Surge in Shiba Inu Price
The Whale’s massive accumulation triggered an impressive 3% surge in the price of Shiba Inu within the past 24 hours. This surge represents the largest intraday gain for the asset in over a month.
Earlier reports from The Crypto Basic highlighted that Shiba Inu has managed to break its downward trend and is now in a good position to reach the desired $0.00001 level.
As of press time, Shiba Inu is trading at the price of $0.00000885, up 2.4% over the last day, with a 24-hour trading volume of $182,223,230 ($182.22M).