Whale accounts are large holders of any cryptocurrency. The number of crypto assets deposited in them is so high that they can affect the market value of any digital token. The activity of whale accounts is also being seen continuously in Shiba Inu. For the past few days, a large number of sale-purchases are being done by whale accounts of Shiba Inu and the effect of these transactions is also being seen on the price of the token.
A day ago where a whale account of Shiba Inu had sold a large amount, now a whale account of this meme cryptocurrency has bought a large amount. This purchase was made from the Binance wallet. However, the information about which address has been sent from the Binance wallet has not been found. According to data from Etherscan, whales have purchased 5300 crore Shiba Inu tokens.
The value of the purchased Shiba Inu tokens is said to be around 7 million dollars. After this purchase, the number of shiba inu tokens held by the whale has increased to 6.57 trillion. The latest data from WhaleStats, a platform that tracks whale accounts, shows that the largest Ethereum whale currently has $160 million worth of Shiba Inu tokens. Earlier, whales bought Shiba Inu tokens worth 3.7 million dollars. At this price, more than 28 billion shiba inu tokens can come.
If we talk about the current price of Shiba Inu, today the world’s second largest cryptocurrency has started trading with an increase. Shiba Inu has seen an increase of 5.09% in trade opening. At the time of writing, it was trading at Rs 0.001098 according to Indian exchange Coinswitch Kuber. Even a day before this, there was a big increase in the price of Shiba Inu.