A Shiba Inu whale, among the largest, continues to fill its bag with the popular meme coin. The world’s 20th largest SHIB whale recently purchased millions of dollars’ worth of Shiba Inu (SHIB).
Etherscan.io recently reported that the 20th largest SHIB whale has accumulated a massive meme coin. In a surprising move, the whale added 157,724,055,879 (157.72 billion) SHIB worth 1,220,784 ($1.22 million) to its wallet, according to the data.
This is the second major purchase made by whale last week. On June 29, it purchased 183,953,754,354 (183.95 billion) SHIBs for $1,423,802. In total, the whale spent $2,644,586 ($2.64 million) purchasing 341,677,810,233 (341.67 billion) SHIBs in the past seven days.
As a result of all these transactions, the massive wallet now holds 5,967,537,723,293 (5.96 trillion) SHIBs worth $45,830,689 ($45.83 million).
The whale’s massive buildup coincided with Shytoshi Kusama’s latest announcements. Kusama recently announced the new launch date of the Shibarium Mainnet. Which led to the famous developer Mainnet speculating that the upcoming ETHToronto Conference will launch in 2023. tips gave. The event is scheduled for August 13-16 in Toronto, Canada, the birthplace of Ethereum.
In another development, quarterly data from IntoTheBlock reveals a dramatic increase in new addresses for Shiba Inu (SHIB). The data in question shows that on June 27 alone, SHIB registered more than 4,000 new addresses. This marks a notable 357% increase from the quarter’s low on May 21, when only 877 new users joined.
Quarterly Update: #SHIB had a strong ending to Q2, with new addresses showing positive signs of growth. Daily new addresses reached over 4k on June 27th, up 357% from it 877 quarterly low on May 21st. pic.twitter.com/jbhlR8OUvl
— IntoTheBlock (@intotheblock) July 3, 2023
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Source : the crypto basic