An Ethereum (ETH) Whale Fills His New Shiba Inu (SHIB) Wallet

The FTX deluge did not affect the Shiba Inu ecosystem as a whole, but it did have an impact on its price. Indeed, since November 12, the SHIB has gained an additional zero to trade today at $0.00000881 per unit. Yet, the ShibArmy displays overconfidence in their favorite crypto. The advent of Shibarium, SHIB’s burn series, whales’ frequent purchases…contribute to this peace of mind.

Ethereum Whale Fills Up SHIB at a Discount Price

Shiba Inu Discount Made New Wallet To Accumulate 2.6T $shib https://t.co/gFpG46zvYT

— Lucie  (@LucieSHIB) December 16, 2022

Being fond of Shiba Inu, Ethereum whales keep filling their wallets with this memecoin. This small, SHIB-starved community holds about $74.473 million in Shiba, estimates BeInCrypto.

Friday, December 16, The Crypto Basic revealed that a new wallet address on the Ethereum network has just acquired 2.673 billion Shiba Inu, or about $22 million.

🚨 2,673,966,699,162 #SHIB (22,942,634 USD) transferred from unknown wallet to unknown wallethttps://t.co/peuu7cQbtO

— Whale Alert (@whale_alert) December 16, 2022

Also, Whale Alert shared it on his Twitter account. Looking at the screenshot below, we can see the following details:

• the transaction took place on December 16 at 12:39 (UTC);
• said transaction amounts to 2,673,966,699,162 SHIB;
• the transfer was from an anonymous wallet to another unknown and recently opened.

33^e largest Shiba Inu owner

This new ETH whale wallet becomes by this purchase on the 33rd^e largest SHIB holder to date. Long before this transaction, there was another acquisition valued at 800 billion Shiba Inu.

The interest of Ethereum whales in this asset has never stopped growing. Other whales like this whale XRP, for example, stuffed themselves with 20 trillion SHIB in the month of July. This made her the richest whale at the time.

It is no wonder that the Shiba Inu occupies the 6^e position of cryptocurrencies held by whales ETH. Currently, they are believed to hold over 5.76 trillion SHIBs.

🐳 The top 2000 #ETH whales are hodling

$102,219,342 $SHIB
$71,868,100 $LOCUS
$71,522,636 $MKR
$62,489,864 $BIT
$62,005,949 UNI$
$48,867,955 $LINK
$41,041,761 $CHZ
$41,020,675 $MATIC

Whale leaderboard 👇https://t.co/R19lKnPlsK pic.twitter.com/tWmgEHBnYT

— WhaleStats (tracking crypto whales) (@WhaleStats) November 7, 2022

If usually, the price of this memecoin goes up after a massive purchase, it seems surprising that it does not go as expected this time around. However, the enthusiasm displayed by Shiba’s army is worthy of an army led by the Spartan King Leonidas.

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