New Hunt for Giant SHIB Whale This Altcoin: Takes Millions! - Coinleaks
Current Date:November 5, 2024

New Hunt for Giant SHIB Whale This Altcoin: Takes Millions!

A gigantic SHIB whale has purchased just over 1.2 million from ApeCoin (APE), the most traded popular metaverse coin among whales, according to data provided by on-chain whale watching platform WhaleStats. Meanwhile, other whales continue to buy billions of Shiba Inu tokens.

SHIB whales stock APE

The anonymous Ethereum whale, which owns the wallet named ‘Sabo’, has been spotted purchasing a large amount of ApeCoin (APE). Bought 1,2000,026 APE and spent $14,868,322 on it. Since this address has Shiba Inu worth $74,473,464 (i.e. it has 3,731,135,470,941 SHIB), “Sabo” can also be called a SHIB whale.

These meme tokens account for 17.64% of the whale’s crypto assets held in this wallet, while Polygon (MATIC) accounts for 26.83% of the highly diversified crypto portfolio and is the largest cryptocurrency in the portfolio by USD value. exists. The Shiba Inu is second only to MATIC.

APE is currently among the top 100 wallets on the Ethereum Blockchain in the position of the most traded token. The “Sabo” wallet has a total of 1,239,098 APE tokens (equivalent to $16,058,717) in APE, 3.8% of its portfolio.

Source: WhaleStats

Whales snatched 128 billion Shiba Inu tokens

WhaleStats also has two big names called “Bombur” and “BlueWhale0073” The Ethereum whale has purchased the equivalent of $1.5 million token of Shiba Inu, the second largest meme cryptocurrency by market capitalization after meme coin Dogecoin (DOGE). This equates to 128 billion SHIB in total. ‘Bombur’ bought 53,788,394.748 SHIB, while ‘BlueWhale0073’ added 74,318,320,742 SHIB to his wallet.

The price of popular meme coin SHIB fell heavily this week and it has lost almost 9% in the last seven days. According to CoinMarketCap data, the token was trading at $0.00001987 at the time of writing. The meme coin, which ranks 15th in terms of market capitalization, is 77.5% off from its all-time high of $0.00008845, which it saw about 6 months ahead.