A Crypto Whale Hunts Down 19,801,902,912,350 Shiba Inu (SHIB) and Four Altcoins Built on Ethereum
An Ethereum whale has purchased hundreds of millions of dollars’ worth of Shiba Inu (SHIB), the top rival to Dogecoin (DOGE). Blockchain-tracking service Etherscan has noted that the investor spent $1.34m buying 118,058,494,947 SHIB in the past day, an amount that takes the total to 19,801,902,912,350, or around 40% of the investor’s entire crypto profile with an estimated value above $225.34m. The purchase puts Shiba Inu at the top of the list of alternative crypto coin holdings for the largest 100 Ethereum whales, excluding ETH itself and stablecoins. In total, the whale owns about 147 crypto assets valued at approximately $604.48m. Alongside Shiba Inu, the investor has holdings in Polygon, Chainlink, Compound and Uniswap. Shiba Inu, which reached an all-time high of around $0.00003 last month, is currently trading at $0.000011.