Ethereum Whale Moves 258,837,671,569 Shiba Inu (SHIB) In One Massive Transaction: On-Chain Data
One of the largest Ethereum (ETH) whales in existence is turning heads and moving over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction.
Blockchain tracking service Etherscan shows that a crypto whale moved 258,837,671,569 SHIB worth over $2.64 million to Shiba Inu’s smart contract where the tokens could be burned or used in the crypto project’s ecosystem.
The Ethereum whale paid around $2 in transfer fees to complete the multi-million dollar transaction.
Even after the recent SHIB transaction, Etherscan finds that the big crypto whale still has an eye-watering 4,925,361,871,313 Shiba Inu worth over $50.23 million.
At the time of writing, SHIB is trading at $0.0000102.
On top of the deep-pocketed investor’s large SHIB trove, the whale also owns blockchain scaling solution Polygon (MATIC). According to Etherscan, the big unit has 11,319,916 MATIC worth more than $11.97 million.
Another altcoin in the crypto whale’s portfolio is the decentralized oracle network Chainlink (LINK). The blockchain tracking page shows that the whale has collected 904,734 LINK worth $5.55 million.
The Ethereum whale also owns the lending and borrowing protocol Aave (AAVE). According to Etherscan, the whale in question has 40,595 AAVE worth $2.17 million.
Next up is the decentralized finance (DeFi) protocol Compound (COMP). Etherscan shows the whale has 69,714 COMP worth $2.63 million.
In all, the major crypto investor owns 111 altcoins worth $76.29 million.
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Featured image: Shutterstock/Lemberg Vector studio