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World’s Biggest ETH Whale Buys 50 Billion Shiba Inu Tokens

Cryptocurrency Feb 25, 2022 03:30AM ET
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  • ETH whale ‘Light’ has grabbed over 49 billion SHIB tokens.
  • The purchase is estimated to be around $1,211,473.
  • Experts say this may push SHIB for a bull run.

The world’s biggest Ethereum whale ‘Light’ has purchased 49,998,916,299 SHIB in one day. Experts claim that the purchase forms part of the highest and most remarkable SHIB tokens accumulated by ETH whales.

Of note, the whale’s purchase was discovered based on a tweet shared by WhaleStats, an on-chain analyst of the top 1000 ETH wallets. Aside from how the transaction forms part of the highest amount of SHIB bought by whales, it also ranks first on WhaleStats’ transaction tracking statistics.

The mentioned 49,998,916,299 SHIB is roughly estimated to be around $1,211,473. In fact, the whale’s purchase seems to be sparking an altcoin buzz and sentiments that SHIB and its overall market could experience a new, unseen high in the market.

After seeing the news, many of the more than 172.5K Twitter (NYSE:TWTR) followers of WhaleStats echoed their excitement towards Shiba Inu. Moreover, they were quick to react to how SHIB has massively shaken Twitter and the mainstream media since its launch. Fans are expecting and looking forward to seeing SHIB smash more milestones.

The majority of the netizens have diverse opinions that the purchase will elevate SHIB and its performance to a different level.

Meanwhile, the purchase has not spiked any significant price uptrend for Shiba Inu to a bullish mode so far. At the time of writing, the price of SHIB is $0.00002397. It ranks as the 14th largest cryptocurrency with over $13.1 billion market capitalization on coin and token information website CoinMarketCap.

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World’s Biggest ETH Whale Buys 50 Billion Shiba Inu Tokens
 

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