According to WhaleAlert, an Ethereum whale recently went on a Shiba Inu buying spree. The Ethereum whale had bought more than $1 million worth of SHIB. In total, there had been more than 49.6 billion SHIB tokens picked up by the whale, which was worth over $1,094,317 at the time of purchase. This increased activity by the whales could point to some coming positive movement in the asset.