Overview

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In detail, an Ethereum whale address called BlueWhale0073 purchased 99,297,904,247 SHIB worth $1,058,515. This comes amid elevated SHIB token burn rates and An Ethereum whale called “Gimli” has bought an additional 110 billion Shiba Inu tokens that were worth $3.62 million at the time of the purchase, according to WhaleStats. The whale, which Just in: An Ethereum whale has just purchased $2,613,140.28 worth of Shiba Inu. Here we will look at what this means in the current market. According to Whalestats, an ETH whale named ‘BlueWhale0113’ bought more than 321.28 billion Shiba Inu (SHIB) in a single transaction. This transaction cost around Shiba Inu whale tracker provides real time whale statistics of Shiba Inu Coin. Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized Ethereum Whale 'Gimli' just bought another 28 billion SHIB coins worth a staggering $1.1 million (roughly Rs. 8.81 crore), despite a sharp decline in the price of Shiba On December 3, another Ethereum whale dubbed Gimli accumulated a whopping 28 billion tokens of SHIB to their portfolio. Shiba Inu surged 38% last Tuesday

Ethereum Whale Buys $2.6 Million Worth of Shiba Inu: What Does It Mean?

Just in: An Ethereum whale has just purchased $2,613,140.28 worth of Shiba Inu (SHIB), signaling continued interest in the meme token despite market fluctuations. Here we will look at what this means in the current market.

Massive SHIB Acquisition by Ethereum Whales

Ethereum whales are making waves in the Shiba Inu community with significant acquisitions. According to Whalestats, an ETH whale named ‘BlueWhale0113’ bought more than 321.28 billion Shiba Inu (SHIB) in a single transaction. This transaction cost around 2613140 28.

In detail, an Ethereum whale address called BlueWhale0073 purchased 99,297,904,247 SHIB worth $1,058,515. This comes amid elevated SHIB token burn rates, potentially influencing scarcity and value.

'Gimli' Adds to Their Shiba Inu Holdings

An Ethereum whale called “Gimli” has been actively increasing their SHIB portfolio. 'Gimli' just bought another 28 billion SHIB coins worth a staggering $1.1 million (roughly Rs. 8.81 crore), despite a sharp decline in the price of Shiba. This demonstrates continued conviction in the long-term potential of Shiba Inu.

Another Ethereum whale called “Gimli” has bought an additional 110 billion Shiba Inu tokens that were worth $3.62 million at the time of the purchase, according to WhaleStats.

On December 3, another Ethereum whale dubbed Gimli accumulated a whopping 28 billion tokens of SHIB to their portfolio.

Impact on the Shiba Inu Market

These substantial purchases by Ethereum whales often lead to increased market activity and speculation surrounding Shiba Inu. The concentration of SHIB in the hands of whales also raises questions about market control and potential price manipulation. Shiba Inu surged 38% last Tuesday, highlighting its volatility.

A Shiba Inu whale tracker provides real time whale statistics of Shiba Inu Coin. Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. These whale movements offer valuable insights into the overall health and future direction of SHIB.

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