ETH Whale Adds 51 Billion Shiba Inu Tokens ($SHIB) to Wallet

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ETH Whale Adds 51 Billion Shiba Inu Tokens ($SHIB) to Wallet

Shiba Inu [SHIB] has been emerging as a cult favorite in the crypto-verse. Whales across different chains have been bagging SHIB. This buying spree isn’t limited to a few thousand tokens. Over the last couple of days, ETH whales were recorded purchasing billions and even trillions of SHIB tokens. This trend continued with an Ethereum [ETH] whale buying over 51 billion SHIB.

According to WhaleStats, an ETH whale named ‘Tsunade’ made a massive purchase of precisely 51,440,208,121 Shiba Inu tokens. This reportedly was worth a little over $ 1 million.

The exorbitant transaction was initiated by the Ethereum wallet 0x33ddd548fe3a082d753e5fe721a26e1ab43e3598 who sent 51 billion Shiba Inu tokens to the receiving wallet 0x187e3534f461d7c59a7d6899a983a5305b48f93f. Furthermore, the entire transaction costed 0.001724158708594299 ETH which is $5. The sender however had to pay a gas fee of 0.0000000495 ETH.

With this massive purchase, Tsunade attained the 3rd rank on WhaleStats.

If you thought 51 billion was a huge number, about 3.7 trillion Shiba Inu tokens were moved earlier this week. Worth nearly $89 million, an ETH whale made this amusing purchase of 3.7 trillion SHIB.

Shiba Inu’s popularity soars; price, not so much

Additionally, it’s no doubt that SHIB is currently one of the most sought-after crypto assets. From eateries to fashion world biggies, everyone wants a taste of the meme coin. The whales cannot be overlooked either. The altcoin even emerged as the most popular meme coin in terms of social activity.

While this is great for Shiba Inu, its stagnant price has been a concern for many. Despite the purchase and movement of trillions of SHIB tokens, the asset continues to record limited price surges. Over the last couple of days, the altcoin managed to soar by only 10 percent while most of the others recorded massive shifts in price.

Furthermore, at press time, Shiba Inu was trading for $0.0000234 with an decrease of 0.58 percent over the last 24-hours.

Credit : LINK

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