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SHIB Trades Top: $2.3M Tokens Accumulated by Ethereum Whale

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SHIB Trades Top 2.3M Tokens Accumulated by Ethereum Whale
28
Apr
  • ETH Whale “BlueWhale0073” purchased $2.3 million SHIB tokens.
  • This accounts for nearly 100,469,653,862 Shiba Inu tokens.
  • Earlier, another ETH Whale “Bombur” has bought 207 billion SHIB.

The global crypto market flows through ups and downs with many coin prices plunging to varying degrees. Notably, those coins with low prices are now under the eyes of  traders and investors. One such mostly purchased token is Shiba Inu.

An Ethereum whale named “BlueWhale0073” has accumulated 100,469,653,862 Shiba Inu tokens worth $2.3 million USD.

Moreover, Analytics firm WhaleStats revealed that the SHIB token has now surpassed the FTX token to become one of the largest tokens purchased by the 100 biggest ETH wallets. This has further made many ETH wallet holders keep an eye on SHIB tokens.

Earlier, on April 25, one of the top whales, Bombur, bought more than 207 billion SHIB in seven days without selling them. These tokens were worth $5.05 million, which were collected via four separate transactions. At that time, the whale owned a total of 855 billion SHIB tokens.

To add, Shiba Inu has launched its token burning platform to minimize the circulation of SHIB tokens. Besides, the SHIB burning portal rewards holders with a yield-generation token. Also, it will increase the demand and hike the price. According to the data retrieved from the portal, nearly 17 billion tokens, worth $404k, have been burnt since its inception.

To note, currently, SHIB is registered at a price of $0.00002334, with a slight dip of 1.44% in the past 24 hours.

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