Whales Heading for Shiba Inu! – How is the SHIB Price Affected by This Situation?

The International Business Times reported that for the first time ever a crypto whale bought 6 trillion SHIB tokens on Thursday, adding another 276 billion Shiba Inu to its investments earlier today. Other crypto whales are also showing considerable interest in this prank cryptocurrency.

Crypto Whale Receives Record Amount of SHIB!

According to the article, after an anonymous crypto whale bought a mind-boggling amount of 6 trillion SHIB on Thursday for $43,838,916, earlier today it made another trade, raising 116 billion, 159 billion and 159 billion dollars from Dogecoin rival internet meme currency. received three more pieces, one billion SHIB.

The investor, who processed three transactions on Saturday with only a few hours between each, added 276 billion SHIB purchased today to the 6 trillion SHIB purchased on Thursday.

According to the authors of the article, the purchase that took place on Thursday increased SHIB by more than 7 percent, and after today’s purchases, the joke cryptocurrency gained momentum by up to 8 percent. The internet meme cryptocurrency is trading at $0.00000815 at the time of writing, according to data from CoinGecko.

Crypto Whales Show Great Interest in Shiba Inu

Crypto whales started showing a strong interest in its Dogecoin competitor and bought large volumes of SHIB earlier this year – especially in late June when the coin was added to the eToro platform.

In the last week of July, whales added other big positions on SHIB, with the coin being listed by Coinbase Pro and WeBull. With the coin being listed by Binance and Coinbase in September and August, more SHIBs made their way into the whales’ cold wallets.

Community Waits for Robin Hood to List SHIB

Now, the SHIB community is waiting for the Robinhood app to list this cryptocurrency as well, with some SHIB fans making daily requests for Shiba Inu to be listed. Not only that, crypto supporters launched a campaign on Change.org to make the listing, and the signatures of nearly 200,000 people were collected.

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.


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