Etherscan.io data revealed that the 26th largest owner of the Shiba Inu has processed four significant transactions in the last 24 hours. These transactions allowed the whale to increase its meme coin investments.
Distribution of Meme Coin Transactions
The whale’s first transaction was a payment of $63,993 for the purchase of 5,266,914,551 (5.26 billion) SHIBs. In the second transaction, Whale added an even larger amount of 32,529,851,157 (32.52 billion) SHIB tokens worth $395,237 to its portfolio. In the third transaction, he spent $836,271 to purchase 68,828,907,498 (68.82 Billion) SHIBs. Then in the fourth transaction, the whale spent $530,391 and bought 43,653,601,895 (43.65 billion) meme coins.
Overall, the 26th largest Shiba Inu whale has purchased 150,279,275,101 (150.27 billion) SHIB worth $1,825,892 ($1.82 million) in four separate transactions in the last 24 hours.
Koinfinans.com As we reported, at press time, the whale’s wallet has a massive amount of 4,463,118,380,336 (4.46 trillion) SHIBs worth $54,226,888 ($54.22 million).
Shiba Inu, the second largest meme coin by market cap, recorded significant growth last week. Data from CoinGecko reveals that the price of SHIB is up 26.4% in the last week and 0.06% in the last 24 hours. This increase in price may be due to anticipation of the upcoming “Shibarium” update.
However, the Shiba Inu team has not yet shared any clear information on the exact date of the launch. Earlier, lead SHIB developer Shytoshi Kusama stated that the Shiba Inu team is fast approaching the launch with Unification XFUND and is expected “very soon.”
You can follow the current price action here.
Source : The Crypto Basic