According to data from WhaleStats, one of the world’s biggest Ethereum investors has a relentless interest in the leading meme cryptocurrency Shiba Inu (SHIB).
Ethereum whales, defined as assets with at least 1,000 ETH in their wallets, continue the SHIB buying spree that has been going on since the last months of last year.
According to the whale-watching platform, the 216th-ranked Ethereum whale purchased 3,713,675,424,944 SHIB tokens during the transaction, worth over $89 million in fiat currency. According to the transaction log, the whale only paid a $6 transfer fee for the massive SHIB purchase.
The crypto asset joins the swarm of whales who cannot give up on the Shiba Inu, which is currently eighth on the list of the most purchased tokens in the past seven days and third on the list of the most widely held altcoins among Ethereum whales.
Although the Shiba Inu price recovered from last week’s dips to as low as $0.000022 and rose as high as $0.000024, it is trading at $0.000023, down over 3% at the time of writing.
A new altcoin attracts the attention of ETH whales
The whale watching platform is the 20th largest ETH whale available, a new coin launched by the creators of the popular Bored Ape Yacht Club nonfungible token (NFT) project. to ApeCoin (APE) He found that he had invested over $4.20 million. This whale collected 300,000 tokens in a single transaction.
🐳 An ETH whale just bought 300,000 $ape ($4,206,000 USD).
Ranked #20 on WhaleStats: https://t.co/ed7FkDM14n
Transaction: https://t.co/8ZIoyG617Y#APE #ERC20 #DEFI #ETH #whalestats #babywhale #BBW
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 18, 2022
This was not the only whale showing interest in Anack ApeCoin. WhaleStats said that the 10th largest ETH whale in existence has also amassed 300,000 APE tokens worth more than $4.2 million. The ninth largest ETH whale also entered the ApeCoin buying spree, ingesting $216,220 APE worth $2.84 million.
Besides, one of the top 10 whales joined the herd, the eighth richest Ethereum whale bought 84,090 APE tokens worth $1.17 million.
ApeCoin is trading at $10.76 at the time of writing, down 7% in the last 24 hours, according to data from CoinGecko.
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.