Ethereum Whale Buys Recent Shiba Inu Dip for $4M

An Ethereum whale has purchased a whopping 175.2 billion Shiba Inu meme (SHIB) tokens worth roughly $4.4 million, according to data from WhaleStats from the past four hours. The purchase comes amid the meme-based cryptocurrency, SHIB, which lost around 8% of its price in the past 24 hours but has partly regained some of the losses by now. Ethereum Whale Goes on a Shiba Inu Buying Spree The owner of the whale wallet made three purchases of SHIB and transferred tokens to his address, carrying 57,871,907,885; 58,807,087,673 and 58,624,985,970 Shiba Inu worth a comprised $4,553,868. 🐋 ETH whale "Bombur" just bought 57,871,907,885 $shib ($1,452,584 USD). Ranked #20 on WhaleStats: https://t.co/3ADbDHvWPW Transaction: https://t.co/0dyCOznKR6#SHIB #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 1, 2022 However, by now, the whale appears to have sold the majority of his SHIB holdings. In fact, the wallet portfolio now consists mainly of tokens related to McDonald’s, ADIDAS, and YouTube. Meanwhile, Shiba Inu has declined 8% since yesterday with a 24-hour market volume of $1 billion.The post Ethereum Whale Buys Recent Shiba Inu Dip for $4M appeared first on Cryptoknowmics-Crypto News and Media Platform.