Massive Shiba Inu Whale Rapidly Accumulates 50,000,000,000 SHIB As Dogecoin Rivals Rallies – Crypto News – Crypto News
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Shiba Inu Whale Abruptly Moves 3,914,263,607,418 SHIB in One Massive Crypto Transaction Shiba Inu Whale Abruptly Moves 3,914,263,607,418 SHIB in One Massive Crypto Transaction

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Massive Shiba Inu Whale Rapidly Accumulates 50,000,000,000 SHIB As Dogecoin Rivals Rallies – Crypto News

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3 years ago

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One of the largest holders of Shiba Inu (shib) in existence just switched back into accumulation mode.

About ten days ago, as Bitcoin and the crypto markets began a significant pullback, the whale lets go of 70,000,000,000 SHIB worth $956,200.

Now, the crypto giant appears ready to dive back into the market.

About 24 hours ago, the whale added 50,000,000,000 SHIB is worth $683,500 to the wallet. Since that move, SHIB has rallied 8.1% to its current price of $0.00001367.

At the time of publishing, the whale holds a staggering 13,738,398,731,474 SHIB worth about $187,600,000.

According to the crypto whale aggregator WhaleStats, Shiba Inu is now the third-largest altcoin holding among Ethereum whales, behind USD Coin (usdc) and Tether (usdt,

Source: WhaleStats

SHIB has soared in 2023, driven in part by plans to launch Shibarium, which is a layer-2 network designed to make SHIB transactions more efficient and allow users to create custom tokens, similar to Polygon (MATIC).

SHIB began the year at $.00000814 and at its current price of $0.00001367, the altcoin is up 67%.

Despite the big rally, SHIB remains 84% ​​below its all-time high of $0.00008616, which the coin hit on October 28, 2021.

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Featured Image: Shutterstock/Dukenod/WindAwake

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