The fact that the crypto market was down by more than 3% yesterday has led to many reports of whales using this as a buying opportunity. Various cryptocurrencies have been targeted by these whales, but one whale set his sights on Shiba Inu (SHIB) specifically.
The crypto whale tracking platform known as WhaleStats took to Twitter on March 3 to share some new data about a whale that bought huge amounts of SHIB. According to the post, an Ethereum (ETH) whale who calls himself “BlueWhale0073” bought about 131,477,192,339 SHIB yesterday. This amount of SHIB was worth about $1,481,747.
BlueWhale0073 info (Source: WhaleStats)
WhaleStats also mentioned in the post that this particular whale is ranked 254th on the platform. Also attached in the post is a link to various metrics on this specific whale.
SHIB / Tether US 1D (Source: TradingView)
CoinMarketCap indicates that SHIB is one of the many cryptocurrencies trading in the red today. The meme coin is currently worth about $0.00001131 after a 0.97% drop in price over the last 24 hours. In addition to this, SHIB is also in the red by more than 10% over the last week.
SHIB also weakened against Bitcon (BTC) and Ethereum (ETH) over the last day by about 0.86% and 0.93% respectively. Also in the red zone is SHIB’s 24 hour trading volume which currently stands at $154,074,624 after a more than 48% decrease since yesterday. Its market cap of $6,213,430,754 means that SHIB is currently ranked as the 14th biggest crypto in terms of market capitalization.
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The post Whale Bought Huge Amounts Of Shiba Inu (SHIB) Worth Over $1.4M appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
