Whales, the largest cryptocurrency investors, continue to accumulate from altcoin projects. Big whales are focused on the Shiba Inu (SHIB), according to the latest WhaleStats data. In the past 24 hours, two whales have purchased million-dollar SHIBs. Here are the details…
Altcoin whales focus on SHIB
In two separate transactions by the two largest Ethereum whales, 130.5 billion SHIB for a total of 2.76 million dollars were purchased. First, the whale named Bombur bought 52.72 billion SHIB. This amount equates to a total of $1.08 million. Looking at the dollar value of SHIBs held by Bombur, the 76th largest Ethereum whale, the meme coin is the fifth largest investment held by the whale.
🐳 ETH whale "Bombur" just bought 52,722,964,285 $shib ($1,080,820 USD).
Ranked #76 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/rMqSfPpc73#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 4, 2022
On the other hand, a whale named BlueWhale0073 came to the fore with the SHIB transaction. Whale tossed $1.67 million of $77.8 billion SHIB into its basket. This appears to be the second major transaction from the world’s fifth largest Ethereum whale in the past 48 hours. As previously reported by Cryptokoin.com , the same whale added 70.6 billion SHIB to its portfolio, worth over $1.44 million, in a transaction Tuesday.
🐋 ETH whale "BlueWhale0073" just bought 77,863,856,441 $shib ($1,679,523 USD).
Ranked #221 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/D91USg1iBF#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 4, 2022
Shiba Inu latest developments
With this experience, SHIB manages to maintain its top position among the first 1000 ETH addresses. According to data provided by WhaleStats, the largest investors currently hold a total of $1.28 billion in SHIB. Meanwhile, on Wednesday, the Shiba Inu team revealed that the SHIB token can now be used to print plots of land in the recently announced metaverse, “SHIB: The Metaverse.”
SHIB: There are 100,595 different terrains offered in The Metaverse. Initially, it was only possible to buy land using Ethereum (ETH). Now, the integration of SHIB into the metaverse project not only makes it possible to purchase land, but also provides users with additional customization options for their virtual land. Landowners in SHIB: Metaverse will be able to earn passive income, collect in-game resources and generate rewards, but these have yet to be announced.
