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Ethereum whale hits hard at Shiba Inu (SHIB)

 


An Ethereum whale has bought Shiba Inu (SHIB) tokens for $90 million while the memecoin has found support.


As data from WhaleStats shows, one of the largest Ethereum investors in the world has taken a big hit at Shiba Inu.


Ethereum whales are investors who hold at least 1,000 ETH in their wallets.


According to the whale tracking platform, the Ethereum whale, which is ranked 216th, has bought over $89 million worth of SHIB tokens. This massive purchase only cost the whale $6 in transaction fees.


The ETH whale joins a crowd of other whales that are also accumulating Shiba Unu, which is why SHIB currently ranks as the 8th most purchased token in the last seven days and the 3rd most held token among Ethereum whales.


At the time of writing, Shiba Inu is priced at $0.000024, up almost 10% from a seven-day low of $0.000022.

According to WhaleStats, ETH whales are always looking for new altcoins.


WhaleStats discovered that the 20th largest ETH whale in existence bought over $4.20 million worth of ApeCoin (APE). APE is a new token from the creators of the well-known NFT project Bored Ape Yacht Club.


“An ETH whale just bought $300,000 ape ($4,206,000). #20 WhaleStats: https://t.co/ed7FkDM14n Transaction: https://t.co/8ZIoyG617Y#APE #ERC20 #DEFI #ETH #whalestats #babywhale #BBW.”


Additionally, WhaleStats has noted that the 10th largest ETH whale has also bought 300,000 APE tokens worth more than $4.2 million.


The ninth largest ETH whale has also struck at ApeCoin, acquiring $2.84 million worth of tokens.


And the 8th largest ETH whale didn't miss out on Ape either, amassing $1.17 million worth of tokens.


ApeCoin is priced at $11.01 at the time of writing.

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