The SHIB community reports that several crypto whales have purchased large amounts of Shiba Inu in the past 14 days
- Multiple whales buy SHIB
- Dog coins stop responding to Elon Musk’s tweets
PAC Protocol CEO David Gokhshtein took to Twitter to announce the news reported by U today over the weekend: A crypto whale has acquired trillions of SHIB since Thursday.
Multiple whales buy SHIB
In the comment thread, a SHIB activist tweeted that several whales had purchased Shiba Inu over the past two weeks. The largest purchase to date was valued at $46 million – nearly six trillion chips.
There have been multiple whales in the past two weeks. The highest amount was $46 million I think.
You all sleep on SHIB highly misleading information. Contrition pic.twitter.com/vhsiivYpGj
– $sh! b Na$ti (🏅-G3n3r4l) (NastyShib) October 3, 2021
This amazing amount was purchased from SHIB on Thursday, according to the Twitter profile of @WhaleStats.
Later, on Saturday, the whale itself acquired 276 billion SHIB in three mega blocks: 116 billion, 159 billion and an additional SHIB billion. The transactions took place within a few hours of each other.
Earlier this year, whales made major purchases of Shiba Inu several times as well: in the summer, when SHIB was added by platform eToro, listed by WeBull and Coinbase Pro, and in September, when Coinbase launched SHIB trading.
Now, the community hopes that Robinhood will also choose to add a SHIB meme soon. One reason for this is the platform’s announcement that it will start testing crypto wallets in October. Besides, the petition on Change.org requesting the inclusion of SHIB by the application team has already collected nearly 200,000 signatures.
Dog coins stop responding to Elon Musk’s tweets
Earlier today, Elon Musk, the world’s richest person, president of Tesla and SpaceX and co-founder of PayPal, tweeted a picture of his Shiba Inu puppy named Floki.
He had previously announced his dog’s photo. However, the dog coins – Dogecoin, Shiba Inu and Floki Inu – barely rose in that tweet. This may be a sign that Elon Musk’s influence on the price of this crypto meme is fading.
The same thing happened in 2021 when Musk tweeted memes about DOGE; The price of the coin was barely reacting to that. In previous years, Musk’s tweets were the main catalysts for Dogecoin’s growth.