Shiba Inu: 9 Wallets Scoop Up Over 1 Trillion SHIB
The cryptocurrency market is home to thousands of assets; however, Shiba Inu [SHIB] has been making waves. Despite encountering considerable market fluctuations, SHIB has managed to stay consistently above the $0.00002 mark.
The token has been grappling to break past the $0.00003 level, which has become a formidable resistance point. Currently, SHIB is trading at $0.00002528, experiencing a decline of 1.14% over the last 24 hours. Nevertheless, this has not discouraged several investors from committing large sums to the cryptocurrency.
Also Read: Shiba Inu Price Prediction: SHIB to Hit $0.000031 This weekend?
A recent update from Lookonchain, a crypto surveillance account on X [formerly known as Twitter], highlights a significant uptick in SHIB market activity. According to their report, nine key wallets, including those of two prominent whales, have collectively amassed an impressive 1.36 trillion SHIB tokens.
This significant purchase, worth $35.2 million, signals a bullish sentiment among large investors who are positioning themselves for potential gains from future price movements.
What a crazy buy!
9 wallets(2 whales) spent $35.2M to buy 1.356T $SHIB at an average price of $0.00002596 in the past 12 hours!

SHIBA INU
2 minute read
Shiba Inu: 9 Wallets Scoop Up Over 1 Trillion SHIB
Sahana Kiran
June 7, 2024
Source – Watcher Guru
The cryptocurrency market is home to thousands of assets; however, Shiba Inu [SHIB] has been making waves. Despite encountering considerable market fluctuations, SHIB has managed to stay consistently above the $0.00002 mark.
The token has been grappling to break past the $0.00003 level, which has become a formidable resistance point. Currently, SHIB is trading at $0.00002528, experiencing a decline of 1.14% over the last 24 hours. Nevertheless, this has not discouraged several investors from committing large sums to the cryptocurrency.
Source
Also Read: Shiba Inu Price Prediction: SHIB to Hit $0.000031 This weekend?