25 May 2023 15:35, UTC
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Major Shiab Inu (SHIB) Whale scooped up $1.18 Million worth of Shiba Inu in the past 24 hours.
Etherscan.io data reveals that the 19th biggest SHIB holder has accumulated a whopping 140,006,070,249 (140B) SHIB, worth $1,185,850 ($1.18M) through two separate transactions in the past 24 hours.
In the past 24 hours, the Whale added 751,113,846 (751.11M) SHIB in her first transaction executed about 17 hours ago from press time. A few hours later, she performed second transaction, spending $1,179,489 ($1.17M) to acquire an additional 139,254,956,403 (139.25B) SHIB.
Top SHIB Whale Accumulates 140 Billion Shiba Inu in 24 Hours
This marks the second massive accumulation for the Whale in the past 72 hours. The top SHIB Whale purchased a humungous 121,271,415,827 (121.27B) SHIB, worth $1,073,251 ($1.07M), through three separate transactions on May 23rd.
In total, the Whale has purchased 261,277,486,076 (261.2 billion) SHIB in the last three days. This brings her total SHIB holdings to 5,611,704,146,999 (5.61T) SHIB, worth $47,531,134 ($47.53M).
In addition, the Shiba Inu Community is showing its unwavering commitment to reducing the gigantic supply of SHIB by burning millions of tokens daily. As reported by The Crypto Basic, the Community has sent 40,877,932 (40.87M) SHIB to the dead wallet through twelve separate transactions in the past 24 hours.
However, the recent developments fail to have any positive impact on the Shiba Inu price. As of press time, SHIB is trading at the price of $0.000008495, down -1.76% over the last day, with a 24-hour trading volume of $103,838,006 ($103.83M).
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