$SHIB
Shiba Inu: 2 Whales Buy $35 Million Worth of SHIB Amid Price Dip
According to cryptocurrency analysis firm LookOnChain, two Shiba Inu (SHIB) whales spent $35.2 million to buy 1.356 trillion SHIB tokens. The whales used nine different wallets to make their respective purchases at $0.00002596 per coin.
Despite the massive purchase, SHIB’s price has dipped following the whales’ $35.2 million buy. The popular dog-themed crypto is down 0.7% in the daily charts and 7.6% in the weekly chart. However, SHIB’s price is still up by 0.6% in the 14-day chart and 8.3% over the previous month. Moreover, SHIB has rallied by nearly 219% since June 2023.