Whale Acquires 3.7 Trillion Shiba Inu Tokens As SHIB Shows 11% Weekly Rise

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Thu, 03/24/2022 - 21:28
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According to data provided by Etherscan, an anonymous whale has purchased a staggering amount of Shiba Inu, pocketing 200,588,182,473 meme tokens.

This amount of crypto is worth $4,944,498. Etherscan shows that this has been the second transaction to this wallet over the past week.

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The previous one took place five days ago, bringing the whale 3,713,675,424,944 SHIB. At the time of writing, the address holds a comprised 3,914,263,607,418 Shiba Inu.

Image by Etherscan

In the meantime, SHIB has shown a rise of 11.19 percent in the past week. As of this writing, the second largest canine cryptocurrency is changing hands at $0.00002462, as per CoinMarketCap.

That is 72.13 percent down from the all-time high of $0.00008845 reached by the token on October 28.

Image by CoinMarketCap