
This whale continues buying SHIB and has also added 5,465 AAVE after acquiring 175 billion Shiba Inu
On-chain data firm WhaleStats which tracks the top 100 wallets on various blockchains including Ethereum, MATIC and BNB Chain, tweeted that the owner of the “Bombur” (named after a dwarf character in the iconic novel Tolkien’s “The Hobbit”) has acquired $1.5 million in SHIB and almost the same value in AAVE.
After acquiring a staggering 175 billion Shiba Inu tokens a day earlier, whale “Bombur” has bought more SHIB – 58,505,930,053 tokens and 5,465 (the equivalent of $1,408,419).
At the time of writing, however, the whale does not hold any SHIB or AAVE. The 18th-ranked wallet holds $1,852,886,780 in Ethereum and ETH-based crypto tokens. The largest share of the wallet is made up of tokens linked to McDonald’s (22.92%), ADIDAS (18.22%) and Pornhub (7.12%).
Unlike hodlers, traders and whales often speculate on trendy tokens, such as SHIB, AAVE, FTT, etc, buying them at low prices and then selling when the price goes higher.