Shiba Inu tokens are growing as ETH whale purchased another massive amount of SHIB in the last two days totaling 105 billion Shiba Inu tokens
A Total Of 105 Billion Shiba Inu Tokens Were Bought By ETH Whale
While SHIB adoption is growing, the ETH whale has purchased another massive amount of SHIB in the last two days, totaling 105 billion Shiba Inu tokens, according to WhaleStats.
Meanwhile, SHIB has been added to more ATMs, and Welly’s SHIB fast-food chain has received over 300 franchise requests.
According to the WhaleStats crypto tracker, a whale whose wallet is labeled “BlueWhale0073” purchased a total of 50,296,290,794 Shiba Inu on April 19. This is the same as $1,269,981.
The page of this investor’s wallet, however, shows that “BlueWhale0073” has sold the majority of his SHIB tokens by now. The second-largest meme cryptocurrency is both the top incoming and outgoing asset. Aside from Shiba, this #5 largest investor has recently bought and sold MATIC and LINK.
According to WhaleStats, Ethereum whale “Bombur” (ranked 19th on the WhaleStats scale of wallets) paid $1,269,191 for a total of 50,992,035,458 Shiba Inu on April 21.
According to tweets posted by the WhaleStats crypto tracker, the Ethereum investor ranked 20th on the service’s list of the top 100 ETH whales, “Bombur,” purchased a total of 54,045,382,286 SHIB earlier today.
Overall, the investor paid about $1.5 million for these two Shiba chunks. This amounts to 105 billion Shiba Inu tokens bought by ETH whales.
Meanwhile, SHIB is the largest holding of the top 100 whales on the Ethereum chain in terms of USD value. Overall, these investors have slightly more than $1.3 billion in Shiba Inu in their wallets, which amounts to 105 billion Shiba Inu tokens bought this month.
It should be noted that this amount has been gradually decreasing this week as whales have sold and converted the cash into other cryptos.
Adoption Of SHIB Spreads More Widely
This week has seen a significant increase in Shiba Inu adoption. The second-largest canine coin, in particular, can now buy you a Porshe from Porsche Towson, the company’s only dealer in Baltimore.
The mainstream adoption of SHIB continues to accelerate. BitPay, the global leader in blockchain payment technology, recently announced a partnership with Towson. The collaboration will allow a premier Towson Porsche dealer to accept cryptocurrency as payment for vehicle purchases.
Also, on April 14, 2022, BitPay enabled Taylor Travel Management Group, a leading VIP travel agency with a strong international focus, to accept cryptocurrency in exchange for all of its services.
According to the tweet, Taylor Travel Management Group, based in the Netherlands, has expanded its payment options to include cryptocurrency, thanks to BitPay.
Furthermore, SHIB will be added to more Bitcoin of America chain crypto ATMs. In the food industry, Welly’s, an Italian fast-food chain that chose SHIB as its mascot, recently announced that it had received over 300 franchise applications.