A large Shiba Inu (SHIB) whale continues to buy meme coins.
Etherscan.io recently reported that the 8th largest Shiba Inu Whale has accumulated 2,800,000,000 (2.80 trillion) SHIB in a significant transaction.
The data also shows that the owner of a deep-pocketed SHIB has previously accumulated millions of dollars’ worth of Shibs. Earlier, the whale in question raised 130,000,000 (130 Billion) SHIB worth $1,206,400 in a single strong transaction on November 9, 2022. The very next day, on November 10, the whale bought 120,000,000 (120 Billion) meme coins worth $1,113,600. In this way, the large Shiba Inu Whale has added a pile of 3,050,000,000 ($3.05 trillion) worth $28,304,000 ($28.30 million) to its bag in the past 30 days.
At press time, the meme coin investor has 13,938,398,724,484 (13.93 trillion) SHIBs in his wallet, worth a total of $129,487,724 ($129.48 million).
Whales’ interest in the Shiba Inu is growing overwhelmingly as various developments in the Shiba Inu ecosystem accelerate. On the other hand, the meme coin price is also recovering and is trading at $0.00000931, up 1.30% in 24 hours.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.