Shiba Inu Whale Adds Massive 99 Billion SHIB Tokens, Worth $3,799,999!
The Shiba Inu community is buzzing after a significant whale transaction. According to Whalestat, a crypto whale has just added 99 billion Shiba Inu (SHIB), worth $3,799,999, to their portfolio. This massive purchase signals continued confidence in the meme coin and its future potential.
This accumulation is particularly noteworthy as Shiba Inu is rebounding after touching lows at $0. during the Dec. 4 correction. The influx of capital from these large investors could contribute to further price recovery and positive momentum.
Whales Accumulating SHIB: A Sign of Supply Squeeze?
Data from Santiment reveals that whales hold 530 trillion SHIB tokens since January 2025. This concentrated ownership may cause a supply squeeze for the top meme coin as SHIB becomes increasingly scarce on exchanges.
A whalecryptospeak for really wealthy cryptocurrency investorsbought as many as 99 billion Shiba Inu (CRYPTO: SHIB) tokens, worth millions of dollars, at once. This latest transaction follows a trend of whale activity in the SHIB market.
Ethereum Whale BlueWhale0073 Buys Millions in SHIB
In a recent transaction, one of the biggest Ethereum (ETH) whales has made a massive purchase of Shiba Inu (SHIB) worth $1.05 million. According to WhaleStats, a On Ma, an Ethereum whale address called BlueWhale0073 purchased over $1 million worth of SHIB tokens in a single transaction. This highlights the continued interest in SHIB from major players in the crypto space.
This significant accumulation by whales further fuels speculation and excitement within the Shiba Inu community. Stay tuned for more updates on whale activity and its impact on the SHIB market.