This SHIB whale continues to acquire Shiba Inu, making three jaw-dropping transactions to his wallet
One of the Ethereum chain’s biggest investors, known as “Gimli”, has stunned the crypto community by seizing three massive amounts of Shiba Inu, totaling nearly 750 billion tokens, according to platform WhaleStats.
Buying astounding sums of SHIB
Owner of “Gimli” wallet has purchased three big SHIB lumps of 250,000,000,001, 249,998,999,999 and 250,000,999,999 Shiba Inu. In total, these purchases of the whale have cost him $8.4 million.
Currently, SHIB is the largest token by US dollar value in the whale’s wallet as it holds $4,312,591 worth of SHIB, having already sold half of the acquired tokens.
Shiba Inu now comprises 19.6 percent of his portfolio with LINK sitting right next to it.
Increased number of SHIB holders
Earlier this week, U.Today covered that the number of wallets containing Shiba Inu has now risen to 1,191,766.
While, the increase in the holder number will hardly impact the token’s price, it still shows a growing long-term interest in the meme coin as its community continues to expand.
At press time, Shiba Inu is trading at $0.00001131, according to data provided by CoinMarketCap.
