As market keeps rolling into deep red, this whale has grabbed big SHIB chunk of 6% rise
Ethereum whale “BlueWhale0073” continues to buy massive amounts of Shiba Inu even now as the market sees the top 10 and other coins’ prices bleed and see their market caps melt away.
Aside from SHIB, whales have been acquiring great amounts of FTX Token and MATIC.
356 billion Shiba added by this whale
Crypto tracking service WhaleStats focused on the top 100 wallets on various blockchains, including Ethereum, BNB, Polygon, and more, tweeted that the owner of “BlueWhale0073” made a major Shiba Inu acquisition.
A total of 356,078,908,730 Shiba has been added to this crypto address evaluated at slightly more than three million USD. The transaction took place over 14 hours ago.
Earlier this month, whales made at least two more purchases of the second-largest SHIB meme token; on June 6, the investor with a portfolio called “BlueWhale0159” acquired 187,000,000,000 Shiba Inu, and on June 1, this whale added 130,419,267,297 SHIB to his address.
The former purchase was made for nearly $2 billion, and the latter was evaluated at $1,531,122 at the time of the trade.
Whales load on FTT and MATIC
As FTT has been spotted as the largest Ethereum whale holding by USD value, WhaleStats has also reported that several staggering chunks of FTX tokens have been purchased by ETH-chain investors.
These whales hold ETH: “BlueWhale0116,” “BlueWhale0079” and “Bonobo.” They have acquired 771,779; 6,500,000 and 15,000,000 FTX, respectively. All-in-all, these amounts of FTT were worth a whopping $510.5 million.
Around 5.8 million MATICs were also purchased, valued at $2.4 million.
SHIB rises 6% in bleeding market
As the cryptocurrency market remains in deep red, with Bitcoin dropping to $22,500 and Ethereum declining to $1,222, along with the majority of other coins, Shiba Inu has been putting up some growth despite all this.
In the past 24 hours, the second-largest canine cryptocurrency is up almost 6%, according to CoinMarketCap.
Cardano, Solana and a few other coins within the top 20 list have also demonstrated substantial growth.
