A Crypto Whale Just Collected 150 Million SHIB Just Before Burning Time

Key Points:

• At the time of publication, whales had purchased 150,555,500,877 SHIBs worth more than $1.55 million.
• According to Bitcoinist, “the top 20 Shiba Inu whales have accumulated over 150 billion SHIB in a recent purchase.”

During the recent cryptocurrency price correction, a whale purchased 150 billion SHIB.

According to Etherscan Data, the 19th largest Shiba Inu whale on the market purchased almost 150 billion SHIB during a recent market drop. At the time of writing, the whale had purchased 150,555,500,877 SHIB, which was worth more than $1.55 million. Based on the statistics, the SHIB purchase was completed in three distinct transactions within 24 hours. The Shiba Inu whales are said to be actively ‘gathering’ since “a large amount of SHIB will be burned soon.”

As reported by Bitcoinist, “the top 20 Shiba Inu whales have accumulated over 150 billion SHIB in a recent purchase.” According to the data, the 19th largest Shiba Inu whale on the market has been purchasing more SHIBs. The first purchase is for 16,099.042,840 billion SHIB. The second transaction involved 108,040,560,167 SHIB worth more over one million USD.

In the end, the deal involved 26,413,897,870 SHIB, which had a value greater than 200,000 USD. The third and last transaction, according to Bitcoinist, took place nine hours after the two transactions that came before it. The same post also states that the crypto whale in question had amassed around 168 billion SHIB when we last checked in on it earlier this week. In addition, the purchase was finalized by the completion of two distinct transactions that together exceeded one million dollars.

Last but not least, this crypto whale holds a total of 5,178,454,552,701 SHIB, which had a value of about $53 million at the time this article was written. According to the Shiba Inu community, Shibarium is anticipated to assist in the burning of additional SHIBs in the not too distant future.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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