Shibarmy News

Another ETH Whale Purchases Over 1.3 Million USD Worth Of Shiba Inu Tokens

Published

2 years ago

February 26, 2022

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

As we have been noting Ethereum Whales have been purchasing a massive amount of Shiba Inu Tokens over the last few days. According to WhaleStats, an eth whale ranked Number 12 has just purchased 55,802,919,158 in tokens valued at $1,373,867 USD.

? An ETH whale just bought 55,802,919,158 $shib ($1,373,867 USD).

Ranked #12 on WhaleStats: https://t.co/3ADbDHvWPW

Transaction: https://t.co/ThXG5wXZsq #SHIB #ShibArmy

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 25, 2022

This purchase comes just one day after top-ranked “Light” purchased over 1.2 Million USD worth of Shiba Inu Tokens. It looks as if some of the whales have information about Shiba Inu as there have not been this many ETH whales buying in such quantities since before the ATH back in October of 2021.

Could this have something to do with the promised announcement from Developer Shytoshi Kusama and the official Shib Token account? We do not know but all we can say for sure is that those with the most money are now betting on the Shiba Inu Token to rise.