world’s largest Ethereum one of the whales is 86.81 billion Shiba Inu (SHIB) bought the token.
The value of the SHIB tokens purchased by the whale hovers around $2.30 million at the time of this writing.
The WhaleStats account, which tracks whale movements, revealed that “Tsunade,” the third largest whale on the Ethereum network, made a large purchase.
Ethereum Whale Paid $2.3M For Shiba Inu Tokens It Bought
According to WhaleStats data, Tsunade paid $2.3 million to purchase 86.8 billion SHIB tokens.
When we look at the other tokens in the whale’s wallet, we see that Shiba Inu is the 24th most held cryptocurrency.
At the time of this writing, the whale in question has close to 2 trillion SHIBs. Whale purchased Shiba Inu tokens for a total of $46.84 million, for an average of $0.0000261.
🐋 ETH whale “Tsunade” just bought 86,811,666,383 $shib ($2,305,717 USD).
Ranked #3 on WhaleStats: https://t.co/bUMOU6WFJh
Transaction: https://t.co/isWcHUcOTn#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 2, 2022
The coin in the whale’s hands was surprisingly recorded as the American Born Doge. The whale has a total of 1.8 billion worth of American Born Doges.
Besides Shiba Inu, Tsunade also has Tether (USDT) worth $70.59 million at the time of this writing. Having such a large amount of stablecoins in the hands of a whale is usually a coincidence. altcoin interpreted as buying.
What Effect Does It Have on Shiba Inu Price?
At the time of this writing, SHIB is trading at $0.00002622, up 0.39% in the last 24 hours. The 24-hour trading volume of the altcoin, on the other hand, increased by 1.31% and stood at $1.16 billion at the time of this writing.
*Not investment advice.