Crypto whale just added 99 billion Shiba Inu to its portfolio, valued at $ 3,799,999
According to Whalestat, a crypto whale just added 99 billion Shiba Inu, worth $ 3,799,999, to its wallet. Shiba Inu is rebounding after hitting lows at $ 0.00003210 during the December 4 market close.
Shiba Inu whales are known to make good use of periods of falling prices or micro-consolidation to increase their holdings, with millions of dollars flowing to Shiba in such cases.
🐳 A BNB whale has just bought 99 999 999 999 $ shib (US $ 3,799,999).
Ranked # 2 on WhaleStats: https://t.co/DdbtrDUvAJ
– WhaleStats – Ethereum’s Top 1000 Rich List (@WhaleStats) December 7, 2021
This time it is no different as a BNB whale added 99,999,999,999 Shiba Inu, or $ 3,799,999, to its holdings. This is according to the WhaleStats tracking platform which gives an analysis of the top 1000 ETH wallets.
As previously stated by U. Today on December 3, the big entities continuously accumulated tokens after the impressive 800% rally of Shiba Inu in October.
Shiba Inu, an Ethereum-based alternative to Dogecoin, has steadily increased in price over the past 12 months, temporarily overtaking Dogecoin as the 10th largest cryptocurrency by market cap.
It is now ranked 13th, according to data from CoinMarketCap. SHIB was trading 4% at $ 0.000038 at time of release.