Shiba Inu (SHIB) became one of the top 10 tokens purchased among the top 500 ETH whales in the last 24 hours, with a large ETH whale adding 110.65 billion SHIB to its wallet in a single transaction. Also, Shiba Inu’s burn share increased by 800%, reaching a new record of 12.8 billion tokens.
Top 500 ETH whales now have $674M in SHIB tokens
According to WhaleStats latest report, the 302nd largest ETH whale named ‘BlueWhale0073’ is in a significant transaction It has accumulated a total of 110,654,459,259 (110.65 billion) SHIBs worth $1,313,468 ($1.31 million).
🐳 ETH whale "BlueWhale0073" just bought 110,654,459,259 $shib ($1,313,468 USD).
Ranked #302 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/D9G1m0afRf#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) May 18, 2022
According to Etherscan.io, Within 16 minutes of the purchase, Whale made an ‘OUT’ transaction and transferred $1,348,754 ($1.34 million) worth of SHIB to a mysterious wallet.
As will be remembered from the news of Cryptokoin.com , this is not the first time BlueWhale0073 has sent so many SHIBs to the mystery wallet. Earlier on Monday, May 16, the whale received $4,522,488 ($4.52M) SHIB in a significant transaction and then transferred it to the same mystery wallet.
This mysterious activity of Top ETH Whale has been going on since Robinhood listed SHIB. On top of all this, the recent backlog from the ETH whale has made SHIB one of the top 10 tokens purchased among the top 500 ETH Whales in the last 24 hours.
JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens among 500 biggest #ETH whales in the last 24hrs 🐳
Peep the top 100 whales here: https://t.co/tgYTpOm5ws
(and hodl $BBW to see data for the top 500!)#SHIB #whalestats #babywhale #BBW pic.twitter.com/mC4TVUsn7a
— WhaleStats (tracking crypto whales) (@WhaleStats) May 19, 2022
WhaleStats data also shows SHIB token dollar value among top 500 ETH Whales shows that it continues to enjoy its position as the 2nd largest holding. These top wallets now hold SHIB worth $674,259,545 ($674.25 million). Other tokens on Balinar’s list are as follows: FTX, BEST, OKB, CHSB, MANA, MXC and MATIC.
🐳 The top 500 #ETH whales are hodling
$984,702,171 #FTX Token
$674,259,545 $SHIB
$289,740,000 $BEST
$177,900,288 $OKB
$175,754,592 $CHSB
$135,209,881 $MANA
$134,316,576 $MXC
$126,527,125 $MATICWhale leaderboard 👇https://t.co/tgYTpOm5ws pic.twitter.com/ueruHaeWbG
— WhaleStats (tracking crypto whales) (@WhaleStats) May 19, 2022
The rate of Shiba Inu burned increased by 800%, setting a new record. reached
Shiba Inu’s (SHIB) burnt share increased by 800% to a new record of 12.8 billion coins, shortly after the cryptocurrency’s writing portal began distributing RYOSHI rewards to token writers.
Initial reward distribution delivered to SHIB burners via the burn portal. When users burn tokens from it, they are rewarded with burnSHIB, which can then be used to buy RYOSHI.
