Shiba Inu & 4 Ethereum-based altcoins are among the massive cryptocurrency whale’s holdings
One of the biggest Ethereum (ETH) whales on the planet is purchasing Shiba Inu (SHIB), the leading Dogecoin (DOGE) rival, for hundreds of millions of dollars.
A huge crypto whale just scooped up 118,058,494,947 SHIB worth $1.34 million, according to blockchain tracking firm Etherscan.
The wealthy investor now has a stunning 19,801,902,912,350 SHIB worth more than $225.34 million after this most recent transaction, accounting for nearly 40% of the whale’s cryptocurrency holdings. Currently, SHIB is trading for $0.00001126 at this time.
SHIB/USD 4-hour chart | Source: TradingView
The huge investor also holds several Ethereum-based alternative coins, such as Polygon, a blockchain scaling solution, and SHIB (MATIC). Around $55 million is invested in 47,177,429 MATIC by the Ethereum whale.
The whale also owns Chainlink, a decentralized oracle network (LINK). According to Etherscan, the substantial entity has 1,989,278 LINK tokens, valued at $13.72 million.
Compound’s lending and borrowing protocol is another alternative cryptocurrency in the investor’s holdings (COMP). The blockchain-monitoring platform claims that the whale has 178,936 COMP worth more than $8.52 million.
Decentralized exchange (DEX) protocol Uniswap is the following (UNI). According to Etherscan, the whale in issue has devoured 825,599 UNI, totaling $5.13 million.
When writing, the enormous Ethereum whale owned 147 different cryptocurrencies worth an astounding $604.48 million.
Shiba Inu continues to be the most popular altcoin held by the top 100 largest Ethereum whales, aside from ETH itself and stablecoins, according to the whale-watching website WhaleStats.
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