After Dogecoin’s Huge Rise, This Insatiable Whale Continues To Grab SHIB As Token Surges 10%
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- 219 billion shiba captured by whales, 2 trillion bought earlier
- SHIB up 10% after Dogecoin
Ethereum investor “bluewhale0073” continues to scrutinize Shiba Inu, buys meme tokens for billions. His most recent purchase of canine cryptocurrency was almost 5x larger than the previous week.
219 billion shiba captured by whales, 2 trillion bought earlier
WhaleStats has reported another significant purchase of the second largest canine token by market capitalization – the Shiba Inu. 12 hours ago, a staggering 219,332,229,787 SHIB were sent to Whale’s 0x66e092fd00c4e4eb5bd20f5392c1902d738ae7bc wallet. This is equivalent to $5,454,792 in fiat currency.
ETH whale “bluewhale0073” just bought 219,332,229,787 $shibo ($5,454,792 USD).
Ranked #5 on WhaleStats: https://t.co/RBupen06Pv
Transactions: https://t.co/jRf8wTAUMR#shib #sibsena
– WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 25, 2022
However, whales have already sold off most of the SHIB tokens they bought in this massive purchase. The transaction page shows that the “bluewhale0073” wallet now holds less than one billion Shiba Inu-906,808,367.54 tokens worth $22,010.
The wallet’s page also shows that SHIB inflows and outflows account for the largest share of crypto: over 90% of it.
The owner of the “bluewhale0073” wallet is one of the biggest SHIB buyers this month. As U.Today previously covered, between April 10 and April 23, this whale acquired 2 trillion Shiba Inu.
On April 23, he added 86.6 billion SHIB, which cost him $2,111,500.
However, it is not the only crypto investor that has been buying Shiba recently. On April 25, the whale “Bombur” (named after a dwarf character in Tolkien’s iconic fairy tale “The Hobbit: There and Back Again”) grabbed 52 billion SHIB worth $1,178,967.
SHIB up 10% after Dogecoin
On Monday, the Shiba Inu posted an increase of 10.09% on the Binance exchange. The rise in the price of the meme token follows Dogecoin’s massive surge, which escalated after reports emerged that Twitter may accept Elon Musk’s $43 billion bid next Monday.
On this news, the original meme coin surged over 13% just minutes after the first reports surfaced. Later that day, the purchase of Twitter was officially confirmed by Musk, and the coin continued to rise.
It has gained almost 32% over the past 24 hours and is trading at $0.1646.
Unlike Dogecoin, SHIB, which has already lost a part of yesterday’s profits, is now exchanging hands at the level of $0.00002443.