Friday, April 19, 2024
HomeAltcoinsSHIB whale buys 1.2 million APE

SHIB whale buys 1.2 million APE

During the purchase of a large number of ApeCoin, an Ethereum whale who owns the “Sabo” wallet was detected (APE). He spent $14,868,322 to purchase 1,200,026 APE. “Sabo” could be referred to as a SHIB whale because this address holds $74,473,464 worth of Shiba Inu (3,731,135,470,941 Shiba Inu).

These meme tokens account for 17.64% of the whale’s crypto assets in this wallet, whereas MATIC is the most valuable currency in terms of USD value, accounting for 26.83 % of the crypto portfolio. Following MATIC, SHIB is in second place.
APE is now the most traded token on the Ethereum blockchain among the top 100 wallets. The amount of APE in “Sabo’s” wallet is $16,058,717, or 3.8% of his total portfolio. This sum of USD is divided into 1,239,098 coins in APE.
WhaleStats also discovered two huge Ethereum whales, “Bombur” and “BlueWhale0073,” buying a total of $1.5 million worth of Shiba Inu, the second most valuable meme cryptocurrency by market cap, behind Dogecoin. That’s a total of 128 billion SHIB.
“Bombur” received 53,788,394,748 Shiba, and “BlueWhale0073” received 74,318,320,742 Shiba. The price of SHIB has dropped dramatically this week, losing about 11% in the last seven days. The meme coin is currently worth $0.00001991.
The token increased by roughly 2% earlier today.

Read more: Polygon now accepts ApeCoin with access to 19,000 dApps

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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