Recent data from WhaleStats shows ETH whale owner named "BlueWhale0073" purchased close to 90 billion Shiba Inu, paying over $2 million.
ETH whale "BlueWhale0073" just bought 86,679,001,529 $shib ($2,111,500 USD).
? ETH whale "Bombur" just bought 54,045,382,286 $shib ($1,323,030 USD).
WhaleStats data shows that the overall supply of Shiba Inu held by ETH whales has been shrinking.
The developers of SHIB are working on expanding the Metaverse capabilities of the meme coin through the launch of a land bid event that offers members of the Shiba Inu community the opportunity to buy virtual land within the ecosystem.
There's also ongoing work on Shibarium, a layer-two scaling solution being designed specifically for Shiba Inu.
The price of SHIB has been volatile, reaching a low of $0.00002378 on April 18 and then surging to the $0.00002579 level two days later.
On Saturday, Shiba Inu was trading at $0.00002431, up 0.03 percent in the past 24 hours.