An Ethereum whale has purchased a whopping 175.2 billion Shiba Inu meme (SHIB) tokens worth roughly $4.4 million, according to data from WhaleStats from the past four hours.

The purchase comes amid the meme-based cryptocurrency, SHIB, which lost around 8% of its price in the past 24 hours but has partly regained some of the losses by now.
<h2><strong>Ethereum Whale Goes on a Shiba Inu Buying Spree</strong></h2>
The owner of the whale wallet made three purchases of SHIB and transferred tokens to his address, carrying 57,871,907,885; <a href="https://www.whalestats.com/transaction/ethereum/0x33147272f0be60c21b22c2e51006b942d12d01aba62ce15a45364dfff481b38b" target="_blank" rel="nofollow noopener">58,807,087,673</a> and <a href="https://www.whalestats.com/transaction/ethereum/0xe3b98e43013a913a8da9a6f65ac41e5f5f255393cbbcf05f6167fb2b9d352788" target="_blank" rel="nofollow noopener">58,624,985,970</a> Shiba Inu worth a comprised $4,553,868.

https://twitter.com/WhaleStats/status/1509773966277324802

However, by now, the whale appears to have sold the majority of his SHIB holdings. In fact, the <a href="https://www.whalestats.com/ethereum-address/0x2ee555c9006a9dc4674f01e0d4dfc58e013708f0-Bombur-wallet" target="_blank" rel="nofollow noopener">wallet portfolio</a> now consists mainly of tokens related to McDonald's, ADIDAS, and YouTube.

Meanwhile, Shiba Inu has declined 8% since yesterday with a 24-hour market volume of $1 billion.

Ethereum Whale Buys Recent Shiba Inu Dip for $4M

An Ethereum whale has purchased a whopping 175.2 billion Shiba Inu meme (SHIB) tokens worth roughly $4.4 million, according to data from WhaleStats.

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 Recent Shiba Inu Dip for $4M

Top Picks