Today one of the biggest Ethereum whales has bought a staggering amount of Shiba Inu (SHIB). The transaction was quite effective in growing Shiba’s trading volume in the last 24 hours. However, analysts are raising the bar on price predictions due to the upcoming updates. Here are the latest whale trades and analysts’ forecasts for October.
Here is the biggest SHIB trade of the day
A massive Ethereum whale has accumulated $3.40 million worth of SHIB in the last 24 hours. Etherscan.io data shows that the 98th largest Shiba whale bought 300 billion Shiba tokens in two transactions. The whale recently spent $3.41 million on this.
According to the report, the deep-pocketed SHIB investor became active about 15 hours ago. In the first transaction, it bought 200 billion Shiba worth $2.27 million. The largest SHIB owner did not stop here. In his second transaction, which he made about 12 hours ago, he saved 100 billion Shiba for $1.13 million.
After the massive increase, it moved a total of 19.92 million SHIB worth $227 to two anonymous wallets in two separate transactions. As a result of such a large accumulation of the largest SHIB holder, Shiba’s trading volume has increased by more than 52% in the last day. Thus, it rose to $275.45 million.
At the time of writing, the Shiba Inu is trading at $0.00001129, up around 1% from the last day. Price predictions present a rather positive outlook for the meme token.
These two updates will be Shiba’s catalyst for October
The Shiba Inu ecosystem is back with an important new announcement and a strategy to expand its reach. The first is the details for a new Shiba Inu. SHIB developer Shytoshi Kusama gave the good news for Oct on Twitter yesterday. cryptocoin.com We have covered the details in this article.
In general terms, the highly anticipated Shiba Eternity game download date has been set, according to the team. On October 6, 2022, the SHIB community can generally download and play the game. The Shiba Inu’s pricing hasn’t changed much temporarily despite this announcement. However, analysts’ predictions are that it will reach a higher price by the end of October.
SHIB price predictions
According to the analyst, the above developments will encourage a rally for SHIB in early October. Analysts’ price predictions for the end of the year are that the price will reach $0.00001448.
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