A Shiba Inu whale, which is among the biggest, has attracted attention with its big meme coin purchases. According to Etherscan.io data, the 5th largest Shiba Inu owner purchased 221,728,858,780 (221.72 billion) SHIBs worth $2,232,809 ($2.23 million) in a single transaction. This latest purchase came just 23 hours before press time and marks the whale’s fourth largest purchase in the past seven days.
Whale’s buying spree started with a transaction that took place on April 25. The deep-pocketed investor first added 730,613,187 (730.61 million) SHIB to his portfolio.
After this transaction, Balina continued to add meme coins to its portfolio without hesitation. The deep-pocketed investor made its second transaction on April 27, accumulating 76,316,827,917 (76.31 billion) SHIB worth $770,036.
He continued his buying spree with his third transaction on April 29. This time, Whale bought 49,340,174,340 (49.34 billion) SHIBs for $495,868.
As a result, the giant whale has purchased 348,116,474,224 (348.11 billion) SHIBs worth $3,506,084 ($3.50 million) in four separate transactions over the past seven days.
As a result of all these transactions, the massive wallet currently holds 21,624,529,251,891 SHIBs worth $218,191,500 ($218.19 million).
Despite its massive whale backlog, the popular meme coin performed poorly last week. According to current data, the value of SHIB has dropped 4.7% in the last seven days. At press time, the Shiba Inu is trading at $0.00009989 with a 24-hour trading volume of $91.33 million.
You can follow the current price action here.
Source : the crypto basic