International Business Times (IBT) has report that a whale initially bought 6 trillion SHIB on Thursday for a total of 43,838,916 US dollars and then accumulated another 276 billion SHIB on Saturday.
Whales bought 276 billion SHIB in three separate installments: 116 billion, 159 billion, and another billion, in just a few hours.
IBT believes Thursday’s buy propelled SHIB above 7% and created 7% upward momentum after yesterday’s buy.
However, the whale’s address – 0x7e1aa2e386f02b398da7aad05447c4749d1317c1 – now has a SHIB balance of zero, according to information Whale statistics.
Shiba Inu remains bullish on the market and has managed to remove four zeros from its trades from September 2020 to September 2021. Investors believe SHIB could get rid of a zero or two by September 2022, as it is now available for multiple trading platforms that make it easier for investors to buy instead of having to go through lengthy swaps and crazy deductions of up to 10% or more.
At the time of this writing, the coin meme is at 0.000008.
Whales have a keen interest in Shiba Inu
Crypto whales took an interest in the rival Dogecoin and amassed huge amounts of SHIB earlier this year and late June when the token was added by the eToro platform.
In the last week of July, Wal added another big spot on the SHIB as it is listed on Coinbase Pro and WeBull. Similarly, at the time of its listing on Binance and Coinbase in August and September, large amounts of SHIB were going into whale cold wallets.
Now the SHIB community hopes that the Robinhood app will also list this coin meme. In addition, a petition on Change.org listing nearly 200,000 people was signed.
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According to U.today