The second biggest memecoin Shiba inu, is currently trading at a very low price and this gives an opportunity to the investors to increase the amount of SHIB token by buy more, especially the crypto whale.
According to WhaleStats, a whale statistics tracker, that tracks the activities of the top 5,000 Ethereum wallets, shows that BlueWhale0073 bought a whopping 301 billion Shiba Inu worth $6.1 million.
?? ETH whale "BlueWhale0073" just bought 300,997,019,465 $shib ($6,149,369 USD).
Ranked #257 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/jqcF3aOnlQ#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 3, 2022
The whale purchased coins SHIB tokens and moved to BlueWhale0073, with the owner of the wallet paying a fee of $9 worth Ether.
BlueWhale0073 is currently ranked 257 in the WhaleStats’ top Ethereum address rankings and the whale made a series of purchases for the memecoin since last month. BlueWhale0073 bought over 500 billion Shiba Inu in April alone and continue to increase holdings whenever there is a price dip.
At the time of writing, BlueWhale0073 now holds a total of 403.2 billion Shiba Inu token worth around $8.4 million and 46,995 Ether currently worth $133.6 million.
SHIB is currently trading at $0.00002089, 1.2% up in the last 24 hours, the trading volume is reduced by 27.71% to $488,804,186, as per the CoinMarketCap data.