Shiba Inu was reporting small increases in accordance with the most recent relief rally in the cryptocurrency market, according to statistics from CoinMarketCap. SHIB was up 1.90 percent in the last 24 hours and is currently trading at $0.00001067 at the time of writing.
As investors were influenced by macroeconomic worries at the beginning of the week, the cryptocurrency market came under selling pressure. According to WhaleStats, two Ethereum whales have just scooped up around 534 billion SHIB. It took three sizable trades to do this.
Ethereum whales scooped up Shiba Inu in three transactions
According to WhaleStats, the 248th-ranked Ethereum whale, “Gimli,” purchased 187,000,000,000 SHIB for $1,991,550 all at once.
Top whale “Gimli” has already purchased 199,999,999,999 SHIB for $2,075,999, according to WhaleStats. Shiba Inu is the Ethereum whale “Gimli’s” largest holding, according to a look inside his wallet (address).
Currently, “Gimli” has 391 billion SHIB ($4,312,591) in his wallet. The top ETH whale, “BlueWhale0159,” who is now rated 373rd on WhaleStats, just acquired a massive 147,000,000,000 SHIB worth $1,556,730.
In other news Shiba Inu appears to be in negotiations with Shopping.io, an online store that enables customers to purchase and pay for items at well-known stores like Amazon, Walmart, eBay, and Etsy using cryptocurrency.
At the time of publication, the conversation’s specifics were unclear. This was hinted at when Milkshake, a Twitter account dedicated to Shiba Inus, posted on July 26 about a meeting with Shopping.io.
This tweet was also published by the e-commerce site as what appeared to be confirmed. In subsequent tweets, Arbel Arif, CEO of Shopping.io, responded to Milkshake’s tweet with the comment, “Big things coming to Shibtoken + shopping io,” outlining the main points of the gathering for the user.
In subsequent tweets, Arbel Arif, CEO of Shopping.io, responded to Milkshake’s tweet with the comment, “Big things coming to Shibtoken + shopping io,” outlining the main points of the gathering for the user.
It’s interesting to note that Shopping.io supports SHIB, thus it’s unclear what the impending relationship would entail.