Rain, a crypto exchange that is based in Bahrain Middle East and has now listed Shiba Inu as a way to increase its trading volume.
Rain was the first crypto exchange platform to be fully licensed after the Central Bank of Bahrain’s approval. Rain had asked the community to name the second-largest token of memes on their official Twitter account back in March.
The platform recently announced it was supporting Shiba Inu. Shiba Inu, however, was listed earlier in the year on other crypto exchange platforms such as Robinhood trading platform and Parex decentralized exchange.
— Rain (@rain) May 13, 2022
BlueWhale0073 purchased 455 billion SHIB tokens
WhaleStats is a crypto service that tracks the largest wallets on blockchains like Polygon, Ethereum and BNB. A tweet stated that a large amount of SHIB tokens had been purchased by a whale on the Ethereum chain.
BlueWhale0073 wallet holder has bought 455,957.607.129 SHIB tokens that cost him $4.933,461. After the token rallied by more than 25%, the whale began to sell most of his SHIB tokens via Binance.
🐋BlueWhale0073 ETH whale just bought 455,957.607,129 $shib ($4,933,461 USD).
WhaleStats ranked #303: https://t.co/RBupemZyZX
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 12, 2022
Although the current amount of SHIB tokens, HEX, UNI and other small tokens is very small (approximately $17.976, only 0.25% his portfolio), he also has significant holdings like USDC and MATIC, which are the most valuable assets he owns.
SHIB’s current trading price is $0.00001328 at the time of writing. This 27.36% increase after a slight retracement of the daily high of $0.00001384.