Shiba Inu Becomes Biggest Holding Among Top 500 Whales as Mysterious SHIB Whale Amassed Whopping $5.28 Million Worth of Shiba Inu.
In the Shiba ecosystem, mysterious things happen daily, despite the bearish in the market presently has not made both the Shib Army and the Whales stop being optimistic about the meme coin.
Yesterday, Cryptolifedigital reported that over 329 million SHIB tokens were destroyed, just to maintain the Shib price especially because of the present bearish in the crypto market generally.
The burning over the 24 hours has resulted in the 332% increase in SHIB burning which eventually lead the crypto enthusiasts to be more optimistic about the popular meme coin.
Today’s Great News!
Shiba Inu bypassed FTX token to assume the position of the biggest Holing among the top 500 Whales as the mysterious whales acquired a whopping $5.28 million of Shiba Inu.
Shiba Inu is the 17th biggest in the world in terms of the market cap and also has wrapped to the top 10 purchased tokens in the last 24 hours reason being that a mysterious SHIB whale bought a whopping 662.34 Billion of canine-themed cryptocurrency in addition to its stash in the past 48 hours.
More also, the meme coin has become the top help position by dollar value among the upper 500 ETH whales according to WhaleStat Now, the largest of ETH whales holds more than $459.60 Million worth of SHIB tokens.
This breakthrough surfaced after the mysterious whale purchased 662,345,021,738 (662B) SHIB, worth $5,283,139 ($5.28M) in six separate transactions during the past 48 hours. The mysterious whale becomes active once the widespread selloff in the global crypto market intensified and Shiba Inu falls below its critical support level located at $0.0000095 on the daily chart.
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As gotten from the Etherscan.io, the mysterious whales is currently holding an over all of 3,970,376,288,002 (3.97T) SHIB, worth $32,080,640 ($32.08M).
Just some days ago, it was announced by Crypto analyst the increased whale activity around SHIB, and news about the forthcoming Shibarium could well have added fuel to the bullish trend seen today.
Six days ago, Top ETH Whale accumulates 187 Billion Shiba Inu (SHIB), whereas, Shiba Inu Community sent 134.82 Million SHIB to dead wallets with the help of the SHIB Burn Portal. Based on the data from WhaleStats, a crypto intelligence platform that monitors the acts of the largest Ethereum whales, “BlueWhale0159” added an impressive amount of Shiba Inu to her portfolio.
The current market price of Shiba Inu is down by 6.58% at $0.00000800 and the market cap is $4,510,966,259.
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
