(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.)
Whales have been buying up SHIB every time it dips. Now another whale has just entered the mix with the purchase of 1.1 Million Dollars worth of the Shiba Inu Tokens. This purchase was made as SHIB hit .000024 at around 5:00 UTC according to Whale Stats.
ADVERTISEMENT
🐳 An ETH whale just bought 42,233,144,917 $SHIB ($1,014,273 USD).
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 6, 2022
The total amount of tokens that were purchased in this one transaction was 42,233,144,917. The ETH Whale that made this purchase holds around 109 Million dollars worth of Tokens with Shiba Inu, MANA, and SAND. The accumulation of SHIBA INU tokens by more and more whales points to the future of SHIB. Something is coming and we will all just have to find out what that is.
The thing we can say for sure is that the SHIB ARMY is growing with Holders quickly approaching 1.2 Million. This is probably more important of a number than the whale purchases as it reflects the interest in the Shiba Inu Token (SHIB) with retail investors around the world.