An unknown person purchased 3,9 trillion SHIB tokens

Crypto investor boosted investments in Shiba Inu to $97 million

25.03.2022 - 14:15

617

1 min

What’s new? A crypto investor bought 3,9 trillion Shiba Inu tokens ($97 million at the exchange rate on March 25). The purchase was made in two transactions: 3,7 trillion tokens five days ago and 2,5 billion tokens on March 24. Shiba Inu ranks the 15th in the list of the largest cryptocurrencies by capitalization, according to Coinmarketcap. During the week, the value of the altcoin rose by 13,5%.

Information on the Etherscan website

What had happened before? On March 19, a large ЕТН investor purchased 271 billion tokens for $6 million. The asset was bought by a user who is 208th in the ranking of the largest holders of ETHs.

What is known about Shiba Inu? Shiba Inu is a token on the Ethereum blockchain created in 2020 by a group of anonymous developers. The altcoin set an all-time high above $0,00008616 in October 2021. On March 25, it trades at $0,000025 (down 71%).

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy