Major SHIB Whale Identified, Acquires $1.55M in Tokens

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Major SHIB Whale Identified, Acquires $1.55M in Tokens0

  • The largest SHIB whale acquisition is reported at $1.55M within the past 24 hours.
  • Importantly, a total of 5,283,884 Shiba Inu tokens have been burned.

According to Etherscan data, the largest Shiba Inu (SHIB) whale purchased approximately 150,553,500,877 tokens, amounting to a value of $1.55 million at market rates. It is noted that this whale transaction occurred three times within the last 24 hours in total.

The latest SHIB whale transaction took place on Tuesday, involving two transactions with a combined value of $1.72 million, consisting of 9.81 billion and 158.55 billion tokens, respectively. Meanwhile, the top Shiba Inu whale holds 5,178,454,552,701 Shiba Inu tokens, which is valued at nearly $53.33 million based on current market prices.

Nonetheless, the Shiba Inu burn rate and transactions have continued unabated over the last 24 hours. SHIB data indicates that 5,283,884 tokens were burned, and a total of 4,283,883 tokens were sent to a dead wallet.

Major SHIB Whale Identified, Acquires $1.55M in Tokens1Shiba Inu (SHIB) price change (Source: CoinMarketCap)

According to CoinMarketCap, the current price of Shiba Inu is $0.00001025, reflecting a 0.22% decline in price over the last 24 hours. The trading volume stands at $81,554,102, with a circulating supply exceeding 589 trillion tokens.

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