The ETH Whale BlueWhale0073 has bought a whopping $1.53 million (1.44 million euros) worth of Shiba Inu (SHIB) in the past 24 hours.
$1.53 million to SHIB
BlueWhale0073, the 248th largest Ethereum owner in the world, thus bought a huge amount of SHIB today. In total, this person purchased 117,589,628,832 SHIB, which equates to a value of $1,535,720.
Partly due to the recent purchase, Shiba Inu (SHIB) has become the third largest asset for this major Ethereum investor. According to Etherscan.io, the whale currently owns $1.53 million in SHIB. Currently, the whale’s wallet contains $3.50 million in Polygon and $2.86 million in Tether (USDT).
Shiba Inu is experiencing a wave of investment as the highly anticipated launch of Shibarium Beta approaches. According to WhaleStats, the top 1000 Ethereum whales currently own approximately $677 million in Shiba Inu tokens.
The beta of Shibarium
Recently, Shytoshi Kusama, the lead developer of Shiba Inu, issued a call to everyone to embrace Shibarium’s core values. He also asked the community to continue burning SHIB tokens en masse. Kusama also announced that the official “All Things Shibarium” Telegram group is now available. In addition, he unveiled the official logo for the highly anticipated Layer 2 solution.
Despite Shytoshi Kusama confirming that the beta of Shibarium is ready, he refuses to give the exact launch date. However, Kusama recently hinted at a possible launch before May.
Currently, Shiba Inu is trading at a price of $0.00001314. This means that the currency has fallen by 3.87% in the past 24 hours. The 24-hour trading volume currently stands at $531,131,651.