This insatiable whale continues to grab SHIB as the token surges 10%, following Dogecoin’s massive rise
Ethereum investor “BlueWhale0073” continues to pick up Shiba Inu, buying the token even by the billions. His most recent purchase of the canine cryptocurrency was almost 5 times larger than the one made last week.
219 billion Shiba grabbed by whale, with 2 trillion bought earlier
WhaleStats has reported another significant purchase of the second largest canine token by market cap—Shiba Inu. Over 12 hours ago, a staggering 219,332,229,787 SHIB were sent to the whale’s 0x66e092fd00c4e4eb5bd20f5392c1902d738ae7bc wallet. This is the equivalent of $5,454,792 in fiat.
However, the whale has already sold the majority of the SHIB tokens he bought in this massive purchase. The transaction page shows that the “BlueWhale0073” wallet now contains less than 1 billion Shiba Inu, or 906,808,367.54 tokens worth $22,010.
The page of the wallet also shows that SHIB constitutes the biggest part of the inflowing and outflowing crypto: over 90% of it.
The owner of the “BlueWhale0073” wallet is among the biggest SHIB buyers this month. As U.Today covered earlier, between April 10 and April 23, this whale acquired over 2 trillion Shiba Inu.
On April 23, he added 86.6 billion SHIB, which cost him $2,111,500.
However, he is not the only crypto investor who recently bought Shiba. On April 25, the “Bombur” whale (named after a dwarf character in Tolkien’s iconic fairy tale “The Hobbit: There and Back Again”) seized 52 billion SHIB worth $1,178,967.
SHIB rises 10%, following Dogecoin
On Monday, Shiba Inu demonstrated a rise of 10.09% on the Binance exchange. The price surge of the meme token followed the massive increase of Dogecoin, which soared after reports came out that Twitter was likely to accept Elon Musk’s $43 billion bid next Monday.
At this news, the original meme coin soared over 13% just minutes after the first reports were published. Later that day, Musk’s purchase of Twitter was officially confirmed and the coin’s rise continued.
Over the past 24 hours, it has shown a comprised growth of around 32%, trading at $0.1646.
Unlike Dogecoin, SHIB has already lost some of yesterday’s profits, now trading hands at the $0.00002443 level.
