The major whale came back to accumulate Shiba Inu.
Major Ethereum whale “BlueWhale0073″ scooped up 163.28 billion SHIB tokens in one significant transaction as the price of Shiba Inu reclaimed its previous support level (current resistance) located at $0.0000090 on the daily chart.
Data from crypto whale tracker WhaleStats indicates that the top Ethereum whale “BlueWhale0073” has just loaded up more than $1.5 million worth of SHIB in one massive transaction. In total, 163,286,048,050 (163.28B) SHIB tokens were picked up by the whale worth $1,575,710 ($1.57M).
whale «BlueWhale0073» just bought 163,286,048,050 $shib ($1,575,710 USD). ETH
Ranked #880 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/GrPOOWaklK#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) June 22, 2022
The massive accumulation from the ETH whale comes after Shiba Inu comes to retest its recently conquered resistance level (previous support) located at $0.0000090 on the daily chart. Shiba Inu’s price surges more than 33% on June 21st. This surge in the price of SHIB results in the breakout of the current resistance level.
On Tuesday, the popular canine-themed token gathered the bullish momentum from the price level of $0.000008049 and reaches the high of $0.00001182, becoming the most profitable asset among the top 20 cryptocurrencies of the world. Afterward, the price gets a breather at the top and retraced towards the recent breakout level i.e., $0.0000090.
At the time of writing, the price of Shiba Inu is trading at the price of $0.00001001, showing an increase of more than 2% over the last day, with a 24-hour trading volume of $1,114,581,370 ($1.11B).