Two major whales acquire massive amounts of Shiba Inu as SHIB regained 6% after a recent decline

According to some reports, two major investors in the Ethereum chain bought nearly 244 billion Shiba Inu (SHIB). For them, these are not the first SHIB purchases in the past nine days.

243.6B Shiba Inu (SHIB) scooped up by whales as price recovers

In the past 24 hours, whales named “Bombur” and “BlueWhale0073” have made two purchases of Shiba. “Bombur” has won 50,520,317,707 SHIB, while “BlueWhale0073” has added a staggering 193,419,098,244 SHIBs to its crypto wealth. These large SHIB purchases cost investors $1,241,789 and $4,821,938.

Since April 10, the owners of the wallets “Bombur” and “BlueWhale0073” have made several major acquisitions of SHIB tokens. “Bombur” bought 79,228,162,513 SHIB on April 13.

The second of these whales, “BlueWhale0073”, purchased three Shiba Inu of amazing sizes each. In total, they generate 1.169 trillion tokens. These whales are ranked #20 and #5 on the WhaleStats scale.

Meanwhile, Shiba Inu remains the largest crypto asset in US dollars held by Ethereum whales. Overall, the top 100 ETH investors hold a SHIB worth $1,337,783,668; equivalent to 53,393,592,638,753, or 15.14% of their inclusive portfolio.

Compared to April 18, the SHIB holdings of the top ETH whales have decreased slightly. On April 18, after Bitcoin briefly dropped below $39,000, Shiba Inu printed a large hourly red candle, with a similar candle held the day before.


SHIB/USD 4-hour chart | Source: TradingView

However, on April 19, the second-largest canine coin recovered more than 6%, rising from $0.00002388 to $0.00002549. At the time of writing, SHIB is changing hands at $0.00002522.

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