106 Billion SHIB Bought By Two ETH Whales as Prices Drop Further

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On-chain statistics recently revealed that two top Ethereum (ETH) whales have made a 106 billion collective acquisition of Shiba Inu (SHIB).

According to WhaleStats data and tracking info made public for the 24 hour period, the 26th and 27th biggest Ethereum (ETH) whales made a collective purchase of Shiba Inu (SHIB) tokens, amid other mass acquisitions of Chainlink (LINK) and Polygon (MATIC).

Based  on WhaleStats, the separate worth of each transaction was 54,345,553,998 Shiba Inu (SHIB) equivalent to $1,067,346, and 51,796,042,392 Shiba Inu (SHIB) equivalent to $1,084,609.


Although there is a notable difference among the fiat equivalent to the amounts that are nearly the same, the difference has occurred due to the $0.00002325 to $0.00001871 downturn of Shiba Inu (SHIB) during January 24, going down by 20%. Shiba Inu (SHIB) is trading at $0.00002054 at the time of writing. 

The first whale holds $92,588,584 in Shiba Inu (SHIB) which comprises 17.63% of the total holdings of the whale after the 22.61% Twitter token composition worth $118,754,712 presently. 


Per another WhaleStats tweet, the 131st ranked Ethereum (ETH) whale acquired $8,501,300 worth of Polygon (MATIC), equivalent to 5,630,000 tokens. 

Additionally, the 4th ranked biggest Ethereum (ETH) whale spent $3,129,999 on 199,999 Chainlink (LINK) tokens.

Grayscale cryptocurrency trusts have a list of cryptocurrencies and for a long while, Chainlink (LINK), Bitcoin (BTC), Ethereum (ETH), and Stellar (XLM) among others have been part of this list. The most recent list addition of Grayscale is Polygon (MATIC) which the company may acquire in the future and is currently considering. 

Many other cryptocurrencies are part of the list, including Monero (XRM), Algorand (ALGO), Cosmos (ATOM1), BitTorrent (BTT), EOS, 0x (ZRX), IOTA (MIOTA), Polkadot (DOT), Terra (LUNA), and VeChain (VET) among others. 

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