Shiba Inu (SHIB-USD) surges 15% to a new record high after an anonymous ethereum (ETH-USD) whale bought 276.6B SHIB token on Monday evening, according to Whalestats.
Shiba (SHIB-USD) reached as high as $0.0000484 per token earlier on Monday before pulling back slightly to $0.000046; the move has brought the digital coins' market cap rank to $18.1B, the 11th largest in the crypto universe, according to data from CoinMarketCap.
The ether whale's Shiba (SHIB-USD) tokens were valued at $11.51M, now valued at ~$12.72M.
"We haven't seen a whale transaction THIS BIG in quite some time," Shiba Inu News said in a tweet on Monday evening. "This is massive and send a clear signal that He/She knows something is coming."
Shiba (SHIB-USD) marks new all-time highs despite Elon Musk revealing he doesn't hold the crypto, but he does own bitcoin (BTC-USD), ethereum (ETH-USD) and dogecoin (DOGE-USD).
Previously, (Oct. 18) Shiba Inu climbs 15% after Elon Musk tweets again.