Shib Accumulation Continue: 19th Biggest ETH Whale Bought 47B Shiba Inu As Shib Reclaimed $15 Billion Market Cap

Shib Accumulation Continue: 19th Biggest ETH Whale Bought 47B Shiba Inu As Shib Reclaimed $15 Billion Market Cap

Shiba Inu (SHIB) Reclaimed $15 Billion Market Cap as Ethereum Whales Continue to Gobble Up; Over 47.49 Billion Accumulated by a single whale Within 24 Hours.

Major Ethereum whale wallet has acquired more than $1.32 million worth of Shiba Inu (SHIB). According to an update from WhaleStats on Wednesday, the 19th most giant whale of Ethereum (ETH) has acquired 47,491,172,343 (47.49B) SHIB for $1,324,053 USD (1.32M) in one transaction.

Looking deep into the whales’ wallets, we found that Shiba Inu is currently her 20th biggest holding position by dollar value. Her wallet shows that she holds a $15,590,761 (15.59M) USD value of SHIB or 560 billion SHIB tokens. Her average purchase price per token appears to be $0.0000278.

Besides this accumulation, over 622.05 billion SHIB tokens worth $16.72 million had been accumulated by three top Ethereum (ETH) whales in a total of 4 transactions on Tuesday.

An active wallet, “Gimli,” appears to be more aggressive in accumulation. She accumulated 421,370,420,624 (421.37B) SHIB worth $11.3 million in two transactions.

So far, within the last 48 hours, 669,549,145,926 (669B) of SHIB, worth 18,051,808 (18.05M), have been accumulated by four major Ethereum whale wallets in 5 transactions.

Impact on SHIB Price:

Shiba Inu (SHIB) manages to reclaim back a $15 billion market cap due to the massive accumulation of whales. The SHIB is currently trading for $0.00002778, up 2.62% over the last day. However, a 24-hour trading volume for the token seems to plunge over 12% compared to the previous day. The 24-hour volume is currently standing at $1,622,992,226 (1.622M).

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