Whales regularly collect Shiba Inu (SHIB) for subsequent sales. More than 1.2 trillion SHIBs have been purchased by the whale “BlueWhale0073” since April 10. A number of additional ETH whales have also continued to accumulate since April 10.
Ethereum whales bought Shiba Inu (SHIB) for $86.6 billion
Nearly 90 billion SHIB were purchased by Ethereum whale named “BlueWhale0073” for $2.1 million and the transactions were completed in 17 hours. Whale-watching bot WhaleStats quotes BlueWhale0073’s massive transaction in the tweet below.
Whales assess Shiba’s price structure
In the last two weeks, BlueWhale0073’s total SHIB accumulation has reached 1.2 trillion units. It bought 50 billion SHIB just three days ago. Also, another Ethereum whale named “Bombur” withdrew 50,296,290,794 SHIB to its wallet earlier in the week. However, according to the pages of these wallets at WhaleStats, these investors are buying SHIB to make quick cash – the second largest meme token, Shiba, is both the biggest incoming asset and the biggest exiting cryptocurrency. This week, the SHIB price structure is changing, dropping to $0.00002401 on April 18 and then rising to $0.0000256, which is enough to make a substantial profit when trading large volumes of tokens.
According to data provided by WhaleStats, the 100 largest wallets on the Ethereum network are reducing their total Shiba Inu balance. SHIB was valued at $1.2 billion on April 23, compared to $1.4 billion the previous day, similar to the value of the Shiba Inu. In terms of dollar value, SHIB is the most important cryptocurrency owned by the huge Ethereum whales.
Shiba Inu metaverse sale is in its final stages
As we have reported on Kriptokoin.com, Shiba Inu announced the start of the public sale of lands in the Shiba Metaverse in the early hours of Saturday, April 23.
This represents the third and final phase of SHIB: Metaverse land sale; Anyone interested here is allowed to purchase remaining lands on the metaverse at a starting price of 0.02 ETH, without the need to lock LEASH tokens.
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