According to data from WhaleStats, as the price of the second largest meme coin, Shiba Inu (SHIB), has plummeted, some whales are picking up at bottom prices to later sell at a high profit.
Whales accumulated 372.4 billion SHIB
Thus, SHIB regained its status as the largest token position in dollar terms, replacing another famous currency. Whale bot WhaleStats says that two huge whales that have bought Shiba Inu quite frequently recently bought two large postal sums of SHIB:
BlueWhale0073 is estimated to have purchased 311,816,880,855 tokens worth $4,801,979. “Bombur” paid $1,004,847 for 60,606,002,938 Shiba, which he later transferred to his wallet.
🐳 ETH whale "BlueWhale0073" just bought 311,816,880,855 $shib ($4,801,979 USD).
Ranked #222 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/bcW0l9PYus#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 9, 2022
More than $23 million Shiba Inu is now in the wallet of the whale named “Bombur” there is. “BlueWhale0073” has sold or moved their existing SHIB to another wallet.
Whales also buy these altcoin projects
Some of the other tokens bought by the biggest crypto whales today are SAND worth $1,665,199 and $18,991,739 Wrapped Bitcoin (WBTC). Additionally, 56,946,679,217 Shiba units were purchased by “Bombur”. On May 9, the whale had a total of 1.14 trillion SHIB tokens.
🐳 ETH whale "Bombur" just bought 60,606,002,938 $shib ($1,004,847 USD).
Ranked #72 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/aPfOSnEvB8#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 9, 2022
One step ahead, SHIB attracts an increasing number of investors.
A new report provided by WhaleStats shows that the largest Ethereum whales have again placed the Shiba Inu as the largest token position in terms of dollar value. After briefly falling behind earlier in the day, the second largest dog coin has now surpassed FTX Token (FTT). Also, the number of wallets containing Shiba increased by more than 7,000 in May. Unable to maintain critical support level, Shiba Inu is on the way to set a new local low, as we have covered in the analysis of
Kriptokoin.com . The next key support is at $0.000017 and Shiba, getting there, may find temporary relief once it reaches the support level. At the time of writing, the Shiba is trading at $0.00001758, up over 5% in the last 24 hours.
