Whales Collect Shiba Inu with 9 Wallets: $35 Million Purchase Arrives!

Cryptocurrency whales have purchased tens of millions of dollars worth of Shiba Inu (SHIB).

According to data provided by the on-chain analysis platform Lookonchain, 9 different cryptocurrency wallets made massive Shiba Inu purchases on June 5-6.

The data revealed that the whales in question purchased 1.35 trillion SHIBs worth $35.2 million. The average purchase price of the whales was recorded as $0.00002596.

Will the Shiba Inu rise continue?

SHIB, which has made remarkable upward movements in the last few days, managed to attract attention, especially by reaching a purchase agreement with market maker DWF Labs 2 days ago.

SHIB, which was one of the favorite meme coins of the last bull season and is still among the favorites of many investors, continues to excite with its upward potential.

SHIB hit its peak price of $0.00008616 on October 28, 2021, and is positioned 70% below that point.

According to CoinGecko data, SHIB, which has increased by 1% in the last 24 hours, is traded at $ 0.00002566 at the time of writing.

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