Analysis

Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins

One of many largest Ethereum (ETH) whales on earth is snapping up tons of of hundreds of thousands of {dollars} price of the highest Dogecoin (DOGE) rival Shiba Inu (SHIB).

Blockchain-tracking service Etherscan exhibits that a big crypto whale loaded up 118,058,494,947 SHIB price $1.34 million prior to now day.

After this newest transaction, the deep-pocketed investor now owns a outstanding 19,801,902,912,350 SHIB price greater than $225.34 million, representing almost 40% of the whale’s crypto portfolio.

At time of writing, SHIB is buying and selling for $0.000011.

Along with SHIB, the massive investor additionally owns plenty of Ethereum-based altcoins together with blockchain scaling answer Polygon (MATIC). The Ethereum whale holds 47,177,429 MATIC price over $55 million, in response to Etherscan knowledge.

The whale additionally owns decentralized oracle community Chainlink (LINK). Etherscan reveals that the massive entity has a trove of 1,989,278 LINK tokens price $13.72 million.

One other altcoin on the investor’s portfolio is lending and borrowing protocol Compound (COMP). In line with the blockchain-montoring platform, the whale holds 178,936 COMP price greater than $8.52 million.

Subsequent up is decentralized change (DEX) protocol Uniswap (UNI). Etherscan exhibits that the whale in query has devoured up 825,599 UNI price $5.13 million.

In whole, the huge Ethereum whale owns about 147 totally different crypto belongings price a staggering $604.48 million at time of writing.

Whale-watching website WhaleStats finds that Shiba Inu remains to be the highest altcoin holding of the most important 100 Ethereum whales, excluding ETH itself and stablecoins.

Supply: WhaleStats

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