Ethereum Whale Scoops Up $3.6 Million Worth of Shiba Inu

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Ethereum Whale Scoops Up $3.6 Million Worth of Shiba Inu
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The 'Gimli' whale has increased his ShibaInu holdings $SHIB

whales, currently accounting for 14.67% of their total holdings. The FTX token , the native token of the eponymous cryptocurrency exchange, is in second place with a 13.37% share.

With that being said, the cryptocurrency is still down 61.69% from its all-time high of $0.00008616 that was reached on Oct. 28. The second-largest meme coin is down 2.24% over the past 24 hours, continuing its streak of anemic price action. Yet, the most recent purchase shows that whales are not discouraged by such lethargic performance as they continue to buy the dip.

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