This Ethereum whale continues buying Shiba Inu and increases his meme coin stash
WhaleStats reported that the Ethereum whale ranked 72nd on this crypto data service’s scale has acquired a huge chunk of Shiba Inu, adding to its stash of these meme coins, which already constitutes 1.14 trillion SHIB.
The transaction took place approximately 20 hours ago.
Whale buys 57 billion from Shiba
The aforementioned crypto data service spotted Ethereum whale “Bombur” buying a total of 56,946,679,217 SHIB for $1,070,028.
After the acquisition, the amount of Shiba Inu coins held by this cryptocurrency wallet increased to 1,147,843,854,587 SHIB.
Apart from that, “Bombur” and another crypto whale, “BlueWhale0073”, together acquired 128 billion SHIB, worth $2.208 million. The share bought by “Bombur” here was 53,788,394,748 SHIB.
SHIB balance of whales drops, but Shiba holds as #1 asset
The overall amount of SHIB held by Ethereum whales remains under $1 billion, as per the main page of the WhaleStats website.
The Shiba Inu Whales balance has been below that level for a week now, whereas before they held around $1.2 billion worth of SHIB.
Still, the second largest meme coin continues to hold the honor of the largest crypto asset by USD value.
Shiba loses 13.47%
The cryptocurrency itself continues to fall. The fall began on May 4, when the coin lost the $0.000021 level it had held for a long time.
On Saturday, May 7, Shiba headed south, dropping from $0.00001989, and is changing hands at $0.00001721 at the moment. The fall over the weekend comprised 13.47%.
