The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, SHIB has made a hit with the dip. One of the top Ethereum whales has pitched up to the leading meme tokens, Shiba Inu, to buy the dip. Reports from Whalestats revealed that an ETH Whale address known as BlueWhale0113 purchased over 321 billion of the token in one transaction. The value of the Shiba Inu he brought is about $3.72 million. 🐳 ETH whale "BlueWhale0113" just bought 312,285,225,685 $shib ($3,722,439 USD). Ranked #395 on WhaleStats: https://t.co/98iwkzfSal Transaction: https://t.co/JFEIRwpAGv#SHIB #ShibArmy — WhaleStats (free data on crypto whales) (@WhaleStats) August 9, 2022 Related Reading: CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting The whale’s wallet currently holds SHIB coins worth up to $2.49 million. This constitutes about 7.45% of their total crypto portfolio. Also, the whale account’s most significant held token is Polygon (MATIC), having approximately 11.49% of the entire wallet holding. Further, in its report, Whalestats noted that the largest of the 500 ETH whales hold Shiba Inu tokens worth over $65...
RNDR Coin Sees Notable Price Recovery
