During the past seven days, Ethereum whales gobbled up a whopping 4,085,433,852,282 4.08 trillion SHIB tokens, worth $97,415,929 million.

The most recent SHIB transaction came from the 216th-ranked Ethereum whale who bought 3,713,675,424,944 SHIB tokens worth over $89 million at time of transaction. The massive purchase cost only $6 in transfer fees, according to the transaction record.

https://twitter.com/WhaleStats/status/1505305951150223361

The purchase is significant but not an exception concerning Ethereum whales have always chosen to fill up their bags when the market was fearful. The top 100 ETH wallets are now holding a total of $1.28 billion worth SHIB tokens.

According to WhaleStats, Shiba Inu (SHIB) is currently the third biggest token held among the top 100 ETH wallets following Ethereum (ETH) and FTX token (FTT).
<h2>Ethereum Whales on a Buying Spree</h2>
On Wednesday, the 208th biggest ETH Whale made one massive transaction and bought 271 billion Shiba Inu tokens, worth $6 million. A day prior to that, the 15th biggest whale of Ethereum bought  5.7 billion SHIB tokens worth $1.1M in a single transaction.

At the time of writing, Shiba Inu is trading at $0.00002314, down 2.3% from the past 24 hours.

Ethereum Whale Buys 3.7 Trillion Shiba Inu Worth $89M

The most recent SHIB transaction came from the 216th-ranked Ethereum whale who bought 3,713,675,424,944 SHIB tokens worth over $89 million.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Ethereum Whale Buys 3.7 Trillion Shiba Inu Worth $89M

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