Top Ethereum Whales Now Hold Almost $1.5 Billion Worth Of SHIB

Name	Symbol	Market	Market Cap ($)	Algorithm
FTX Token	FTTUSD	Crypto	215,125,133	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

FTX Token

FTTUSD

Crypto

215,125,133

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00	0.00%	1.61	1.60	1.62

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00

0.00%

1.61

1.60

1.62

High Price	Low Price	Open Price	Prev. Close	52 Week Range
1.61	1.61	1.61	1.61	0.769100 - 2.43

High Price

Low Price

Open Price

Prev. Close

52 Week Range

1.61

0.769100 - 2.43

Exchange	Last Trade	Size	Trade Price	Currency
GATE	22:28:47	6.24	0.9155	USD

Exchange

Last Trade

Size

Trade Price

Currency

GATE

22:28:47

6.24

0.9155

USD

Price x Volume	Volume	Base Symbol	Related Pairs
0.00000000	0.00000000	FTT	FTTEUR	FTTGBP	FTTBTC

Price x Volume

Volume

Base Symbol

Related Pairs

0.00000000

Top Ethereum Whales Now Hold Almost $1.5 Billion Worth Of SHIB

19/04/2022 6:00pm

NEWSBTC

Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at the edge of its seat as one whale singlehandedly bought almost $5 million worth of the cryptocurrency, showing that interest in it has far from waned. Ethereum Whale Hoards SHIB A report from WhaleStats showed an enormous Shiba Inu purchase by an Ethereum whale. This whale known as “Bluewhale0073” made the purchase on Monday and has bought 193,098,244 SHIB in the transaction. It came out to a total dollar value of $4,821,938 at the time of this purchase. 🐳 ETH whale "BlueWhale0073" just bought 193,419,098,244 $shib ($4,821,938 USD). Ranked #5 on WhaleStats: https://t.co/RBupemZyZX Transaction: https://t.co/dcjl0mldog#SHIB #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 18, 2022 Related Reading | TA: Ethereum Reaches Key Inflection Zone, $3,100 Is The Key This purchase had brought the total amount of SHIB held by the top 1,000 Ethereum whales to $1,602,881,412. This makes it the most widely held token by the top Ethereum whales. Additionally, the Shiba Inu contract had made it onto the list of the top 10 contracts that the whales had interacted with for the past day. The token is now ahead of FTX Token as the highest holding by dollar value. It is also 5th on the top 10 most purchased tokens by the top 1,000 ETH whales in the last 24 hours. On Monday, another Ethereum whale, known as “Bombur” had also purchased 50,520,317,707 SHIB for $1,241,789. This marks an accumulation trend among these top whales when it comes to Shiba Inu. 🐋 ETH whale "Bombur" just bought 50,520,317,707 $shib ($1,241,789 USD). Ranked #20 on WhaleStats: https://t.co/3ADbDHvWPW Transaction: https://t.co/ctZQVa0naq#SHIB #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 18, 2022 Shiba Inu On The Charts Despite the reviewed interest in the cryptocurrency, it is not faring as well as expected on the charts. Shiba Inu continues to trend around the $0.00002 level, showing reduced momentum at this point. This has put the digital asset below its 50-day moving average. And for an asset like SHIB which thrives on hype, falling below this point can signal more downtrend to follow. SHIB trending at $0.000025 | Source: SHIBUSD on TradingView.com A flash dip in the early hours of Monday had seen its price dip to $0.000023 but presumably, the activity from the Ethereum whales had helped boost the price back up. Nevertheless, the meme coin continues to trade more than 60% below its previous all-time high. Related Reading | Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K At the time of this writing, SHIB is trending at $0.000025 with a total market cap of $13.7 billion. It is now the 15th largest cryptocurrency by market cap, having fallen behind competitor, Dogecoin. Featured image from Watcher Guru, chart from TradingView.com

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