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ETH whales are back at it with Shiba Inu (SHIB) accumulation, pushing the meme tokenâs price past $0.00004. Earlier today according to WhaleStats it was determined that an ETH whale has bought nearly 54 billion SHIB, amounting to $2 million pushing the meme cryptoâs value higher. At press time, Shiba Inu was up by 7.4 percent in past 24 hours, trading at a market price of $0.000038 USD along with the market cap of $21 billion.
An ETH whale just bought 53,684,945,423 $shib ($2,008,890 USD).
Ranked #37 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/NlmY7ZKJUO#SHIB #ShibArmy
â WhaleStats â the top 1000 Ethereum richlist (@WhaleStats) December 23, 2021
However, this is not the first time that ETH whales have been generous towards SHIB. Soon after Shiba Inu reclaimed the first position climbing up from third by dollar value among the top 1000 Ethereum (ETH) wallets, itâs price saw yet another surge last week in lieu of massive whale accumulation.
According to CoinGapeâs reportage earlier this week, Dogecoinâs prodigy saw an exceptional 10 percent hike in just 24 hours periods after an ETH Whale added 4 trillion SHIB, i.e., $136 million to its holdings. Furthermore, SHIB even managed to surpass the hike percentage against the OG crypto, Bitcoin ($BTC) with just 6 percent spike, along with Ethereum with 5.7 percent surge in a 24 hours period. According to WhaleStatsâ Twitter handle, Shiba Inu is the âmost traded and biggest hodling token among the top 1000 ETH walletsâ.
Looks like whales are really hungry for #SHIB
An ETH whale added 4T $SHIB ($136M) in the past 24hrs https://t.co/DCjI0wd9vF
$SHIB is most traded and biggest hodling token among the top 1000 ETH wallets#ShibArmy RT if u always think $SHIB is the King pic.twitter.com/hOsa99etTl
â WhaleStats â the top 1000 Ethereum richlist (@WhaleStats) December 21, 2021
Shiba Inu dominance
Shiba Inu has also ascertained its social media dominance after it was declared as the âthe highest mentioned hashtag over a 72 hour periodâ earlier this month. Additionally, most recently adding to the long list of its achievements, the token was also listed on Australiaâs longest-running crypto exchange, CoinJar. The company noted this addition as âinevitableâ, given the tokenâs undeniable popularity.Â
âIn retrospect, it was inevitable. SHIB is here â and weâre also adding 6 more tokens to the CoinJar lineupâŠStarting today you can buy, sell, send and trade Shiba Inu ($SHIB) using your CoinJar Wallet. With CoinJar Card you can even use SHIB to do some last-minute Christmas shopping, which at the very least should give you something to chat about at family lunch.â
The post ETH whale hoards nearly 54 billion Shiba Inu (SHIB) as price eyes recovery above $0.00004 appeared first on CoinGape.
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