Top ETH Whale Splash $1.5 Million On Shiba Inu, Adding 163 Billion Shib

Top ETH Whale Splash $1.5 Million On Shiba Inu, Adding 163 Billion Shib

The large whale returned to gather Shiba Inus. As the price of Shiba Inu recaptured its prior support level (current resistance) placed at $0.0000090 on the daily chart, major Ethereum whale "BlueWhale0073" scooped up 163.28 billion SHIB tokens in one massive transaction. 

The top Ethereum whale "BlueWhale0073," according to data from cryptocurrency whale tracker WhaleStats, recently picked on more than $1.5 million worth of SHIB in a single large transaction. The whale collected SHIB tokens worth $1,575,710 ($1.57M) totaling 163,286,048,050 (163.28B).

ETH whale "BlueWhale0073" recently purchased $1,575,710 worth of 163,286,048,050 $shib.

According to WhaleStats, ranked #880: https://t.co/RBupemZyZX. Transaction: GrPOOWaklK#SHIB #ShibArmy. June 22, 2022 — WhaleStats - BabyWhale ($BBW) (@WhaleStats)

The enormous ETH whale buildup occurs just as Shiba Inu is about to retest its previously defeated resistance level (prior support), which is marked at $0.0000090 on the daily chart. On June 21, the price of Shiba Inus increases by more than 33%. This increase in SHIB's price causes the present resistance level to be broken.

The well-known token with a dog theme gained positive momentum on Tuesday, rising from a low of $0.000008049 to a high of $0.00001182, becoming the most profitable asset among the top 20 cryptocurrencies in the world. The price then takes a break at the top and retraced in the direction of the most recent breakout level, or $0.0000090.