Shiba

Shiba Inu

Spot

Billion

<div class="watcher-guru">
 <p>A new <a rel="noopener noreferrer nofollow" title="Crypto Whale" href="https://thebittimes.com/tag/crypto-whale.html">Crypto Whale</a> has emerged, purchasing over $50 million in crypto assets. The whale, with the address marker ‘0x865’ has accumulated a total of $51.54 million in assets, according to Spot on Chain. Among the purchased crypto is approximately 300 billion Shiba Inu (SHIB).</p>
 <p>This latest whale accumulation of SHIB is a surprising move, given that on-chain large transaction volume has reportedly dropped by 90% from its peak in early November. Some market watchers have taken this as a sign that the market is slowly moving away from Shiba Inu towards alternative crypto coins.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp" alt="shiba inu bokeh city lights shib" class="wp-image-120095" srcset="https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 1024w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 300w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 768w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 380w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 550w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 800w, https://cdn.thebittimes.com/images/2023/12/01/a50106729c7e90d9977e52e044e64646.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: WatcherGuru
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 <p>Furthermore, Shiba Inu has been in the red often over the past months. Reports have emerged that many holders of SHIB are at a loss. At press time, Shiba Inu is trading at $0.000008216.</p>
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 <p><strong>Also Read: Shiba Inu: How High Can SHIB Go in December 2023?</strong></p>
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 <h2 class="wp-block-heading" id="h-besides-shiba-inu-the-crypto-whale-took-in-other-top-assets">Besides Shiba Inu, The Crypto Whale Took in other Top Assets</h2>
 <p>Other than SHIB, the latest big <a rel="noopener noreferrer nofollow" title="Crypto Whale" href="https://thebittimes.com/tag/crypto-whale.html">Crypto Whale</a> acquired other top cryptocurrencies. The whale acquired the assets in less than 24 hours, with 10,000 ETH (worth $20.3 million) coming in as the largest of the transactions. Additionally, the whale also transferred a total of 60,000 BNB worth $13.73 million from Binance.</p>
 <p>Whale accumulation of Shiba Inu is crucial to help the crypto maintain upward trends. This latest move can be beneficial for SHIB, however, it may take more to keep the meme-coin’s momentum going forward.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>Crypto Whale</li>
  <li>shib</li>
  <li>shiba inu</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-new-crypto-whale-purchases-300-billion-shib-tbt72247.html">https://thebittimes.com/shiba-inu-new-crypto-whale-purchases-300-billion-shib-tbt72247.html</a></p>

Shiba Inu: New Crypto Whale Purchases 300 Billion SHIB

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