A massive Shiba Inu accumulation is ongoing as a result of the upcoming march 30th shiba inu team announcement.
Over 622.05 billion SHIB tokens worth $16.72 million have been accumulated by three top Ethereum (ETH) whales in a total of 4 transactions within the last 24 hours.
Top Ethereum Whales rushed to accumulate Shiba Inu (SHIB) tokens aggressively as SHIB managed to make a bullish pattern by forming a new high in the 4-hour chart.
By looking at the chart technically, we can find that the SHIB price jumped from its $0.00002167 support level to $0.00002544 and then retraced back to $0.00002232 (the previous resistance level now turned to support). Later making ascending triangle pattern, the price manages to break above the $0.00002544 level (previous high) and accelerate to print a new high, i.e., $0.00002966, confirming a bullish pattern.
After a bullish pattern, top ETH whales became active and prepared themselves for a new leg higher in the coming days or weeks.
As per data provided by WhaleStats, three top Ethereum whales have accumulated a total of 622,057,973,583 (622.05B) SHIB tokens for $16,727,755 (16.72M) within the last 24 hours in just four transactions.
The recent transaction reported by WhaleStats is from Gimli – the 9th biggest whale of Ethereum (ETH). Gimli has made two transactions in total and has accumulated total of 421,370,420,624 (421.37B) SHIB for $11,313,795 USD (11.31M).
Last 24hrs, a whale names "Gimli" just bought 421,370,420,624 $SHIB worths $11,313,795 in two transactions:— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 30, 2022
🥈 https://t.co/sH4HtZ49tA#ShibArmy, let's make some noise! Woof! Woof! 🐕🐕 pic.twitter.com/GA3YgL9NbY
Gimli is currently holding 751,130,530,348 (751B) SHIB worth $20,333,103 ($20.3M).
Following this accumulation, a mysterious whale currently ranked as the 167th biggest whale of Ethereum (ETH) on WhaleStats has accumulated the same number of SHIB as that of Gimli in her first transaction, i.e., 150,000,000,000 (150.0B), worth $4,053,000 (4.05M) USD. She has made this purchase in one transaction.
Later, WhaleStats reported that another mysterious whale currently ranked as the 16th biggest whale of Ethereum (ETH) had purchased a total of 50,687,552,959 (50.68B) SHIB, worth $1,360,960 ($1.36M) USD in one transaction.
The tale of SHIB accumulation is not over yet.
As per recent data provided by WhaleStats, the above aggressive accumulation from Whales led SHIB to become the 4th biggest purchased token among the top 500 biggest Ethereum (ETH) whales in the last 24 hours.
🏆 Top 10 purchased tokens by 500 biggest #ETH whales in the past 24hrs— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 30, 2022
4⃣ $SHIB @Shibtoken
6⃣ $DODO @BreederDodo
7⃣ $AAVE @AaveAave
8⃣ $WOO @WOOnetwork
9⃣ $MATIC @0xPolygon
Whale leaderboard: https://t.co/4QCZ2LsalH pic.twitter.com/RsL9NNRbL5
Such aggressive accumulation also hints that whales are hoping for something massive from the Shiba team’s official announcement on March 30th.
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Original Source : thecryptobasic.com
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