According to data provided by WhaleStats, the Ethereum network’s largest whales invest $1.40 million worth of Shiba Inu (SHIB), while the first 2,000 whales are shrinking the SHIB portfolio by a certain percentage.
SHIB continues to see increasing accumulation
As the accumulating trend continues, the biggest Ethereum whales have added another 109.84 billion Shiba Inu (SHIB) worth $1.40 million to their wallets. Shiba is in a progressive accumulation trend after losing the key support level of $0.00001717 for the first time since October 28, 2021. When the key support level was broken, it fell by about 40% to reach the next level of support at $0.0000095. One of the whales that evaluated these bottoms was “BlueWhale0073”…
“BlueWhale0073 ”, the largest ETH whale became active as soon as the drop took place and bought billions of Shiba Inu in one go. Thus, since May 9 (Monday), it has accumulated approximately 1.27 trillion Shiba Inu worth $16.53 million in five consecutive transactions.
- According to the latest WhaleStats report, it has completed its sixth consecutive transaction adding 109.84 billion additional SHIBs worth $1.40 million to its wallet. The fact that
BlueWhale0073 is this active at such low prices may confirm that whales continue to be interested in Shiba, especially from the bottoms.
During the price crash, SHIB lost the title of largest token position among whales
The cryptocurrency market has been under selling pressure since Monday, as we covered in the analysis of Kriptokoin.com. The price of the Shiba Inu has lost more than 37% in one week as a result of the big sale. As a result, most ETH whales have been observed to shrink the Shiba portfolio in the process. According to WhaleStats, the largest ETH whale holdings, previously valued at around $1.2 billion, have now been reduced to just $687.78 million, losing the title of the largest dollar-base token position among the top 2,000 Ethereums.
Whales accumulate all 7 altcoins
According to data provided by WhaleStats, the largest Ethereum whales have the most altcoins below.
List overview:
- Shiba Inu (SHIB)
- Bitpanda (BEST)
- OKEx (OKB)
- SwissBorg (CHSB)
- Polygon (MATIC)
- Chainlink (LINK)
- MXC (MXC)
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