According to data provided by WhaleStats, the Ethereum network’s largest whales invest $1.40 million worth of Shiba Inu (SHIB), while the first 2,000 whales are shrinking the SHIB portfolio by a certain percentage.
SHIB continues to see increasing accumulation
As the trend to accumulate continues, the largest Ethereum whales are 109.84 billion Shiba Inu (SHIB) worth $1.40 million in their wallets ) added more. Shiba is in a progressive accumulation trend after losing the key support level of $0.00001717 for the first time since October 28, 2021. When the key support level was broken, it fell by about 40% to reach the next level of support at $0.0000095. One of the whales evaluating these bottoms was “BlueWhale0073”…
🐳 ETH whale "BlueWhale0073" just bought 109,842,128,610 $shib ($1,408,176 USD).
Ranked #284 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/YeAnbhGXvx#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 13, 2022
“BlueWhale0073 ”, the largest ETH whale became active as soon as the drop took place and bought billions of Shiba Inu in one go. Thus, since May 9 (Monday), it has accumulated approximately 1.27 trillion Shiba Inu worth $16.53 million in five consecutive transactions.
- has completed its sixth consecutive transaction, adding 109.84 billion additional SHIBs worth $1.40 million to its wallet, according to the latest WhaleStats report.
BlueWhale0073 being this active at such low prices could confirm that whales continue to be interested in Shiba, especially from the bottoms.
During the price crash, SHIB lost the title of the largest token position among whales
As we have covered in the analysis of cryptokoin.com , the cryptocurrency market is on Monday. in sales pressure ever since. The price of the Shiba Inu has lost more than 37% in one week as a result of the big sale. As a result, most ETH whales have been observed to shrink the Shiba portfolio in the process. According to WhaleStats, the largest ETH whale holdings, previously valued at around $1.2 billion, have now been reduced to just $687.78 million, losing the title of the largest dollar-base token position among the top 2,000 Ethereums.
Whales are accumulating all 7 altcoins
According to data provided by WhaleStats, the largest Ethereum whales are the most down to the following altcoins owner.
🐳 The top 2000 #ETH whales are hodling
$1,008,242,075 #FTX Token
$687,783,256 $SHIB
$278,345,104 $BEST
$174,007,934 $OKB
$169,124,064 $CHSB
$140,580,137 $MATIC
$131,485,651 $LINK
$119,039,360 $MXCWhale leaderboard 👇https://t.co/R19lKnPlsK pic.twitter.com/LRb8G2HGD3
— WhaleStats (tracking crypto whales) (@WhaleStats) May 13, 2022
List overview:
- Shiba Inu (SHIB)
- Bitpanda (BEST)
- OKEx (OKB)
- SwissBorg (CHSB)
- Polygon (MATIC)
- Chainlink (LINK)
- MXC (MXC)
