Ethereum Whale buys 4 trillion Shiba in cryptocurrencies, raises SHIB value by 10% in 24 hours

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An Ethereum whale raised 4 trillion SHIB tokens in a single transaction worth $ 134 million (approximately Rs. 1,012 crore), thus increasing the value of the Shiba Inu by 10 percent in the last 24 hours. The entire crypto market has been in strong rally in the last 24 hours with the values ​​of the most popular cryptocurrencies rising, but the percentage of the massive SHIB transaction of a particular whale Shiba Inu higher than Bitcoin and Ether.

According to WhaleStats’ tweet, the tracker that meticulously tracks the wallets containing 1,000 rich Ethereum whales, Shiba Inu is currently the “most traded and largest hotling token in the top 1000 ETH wallets”. This is not the first time Shiba Inu has been the primary choice for whales at the best Ethereum wallet holdings.

Meanwhile, Whale, which decided to buy 4 trillion SHIB tokens, now has $ 144 million (approximately Rs. 1,087.89 crore) worth of Shiba inu tokens, which make up 26 per cent of Ethereum-based portfolio. Tokens. Popular Metawares tokens – $ 122 million (approximately Rs. 921.52 crore) total in the $ 500 million (approximately Rs. 3,776.34 crore) wallet of Sandbox and GALA are placed in Ethereum based tokens, with the rest scattered between Tether. Coins and altcoins such as MATIC, Engine and Loopring.

A week ago Shiba Inu topped the top 1000 Ethereum wallets in dollar terms. This happened after the Dogecoin-enemy moved to third place due to continuous price declines. But the ever-growing whale population has ensured a steady rise. Since then, SHIB has maintained its position, currently valued at 7.71 per cent at $ 1 billion (approximately Rs 7,554.85 crore).

Shiba Inu, with its establishment in the business sector, is well on its way to becoming a market leader by working with the best industry players. This year SHIB has partnered with giant companies such as AMC, the largest theater chain in the United States, which now facilitates shiba inu fees. Newegg, an electronics retailer in association with AMC, recently took to Twitter Official announcement About accepting SHIB fees for its products.

At the time of writing, Shiba Inu is currently the 13th largest currency and is trading at $ 0.00003553 (approximately Rs. 0.0027) at press time. SHIB has seen tremendous growth in 2021, up from its all-time high of 63392076.6 per cent recorded on November 28 last year.


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