A $4.7 billion Ethereum (CRYPTO: ETH) whale wallet just bought 177 billion more Shiba Inu (CRYPTO: SHIB) tokens.
What Happened: According to whale wallet tracker WhaleStats, the ETH whale “BlueWhale007” purchased another 177 billion SHIB tokens worth $4.42 million through a series of four transactions.
Three of the four transactions appear to be interactions with exchange wallets on Binance. One of the transactions was a transfer from the fifth-largest ETH wallet “BlueWhale0073.”
See Also: HOW TO BUY SHIBA INU COIN (SHIB)
Blockchain explorer Etherscan shows an on-chain transfer of 60.94 billion SHIB tokens worth $1.51 million from BlueWhale0073 to BlueWhale007.
This takes the whale’s total holdings to 5.4 trillion SHIB tokens worth $136 million at the time of writing.
The whale was seen accumulating tokens since April 5 with the bulk of SHIB acquisitions taking place after Robinhood Markets Inc (NASDAQ:HOOD) announced it had listed the meme coin on its platform.
Price Action: According to data from Benzinga Pro, SHIB was trading at $0.00002448, down 2% over the previous day.
