Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins

Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins

One of the biggest Ethereum (ETH) whales on earth is scooping up hundreds of millions of dollars worth of top Dogecoin (DOGE) rival Shiba Inu (SHIB).

Blockchain tracking service Etherscan shows that a major crypto whale uploaded 118,058,494,947 SHIB worth $1.34 million in the past 24 hours.

Following this latest transaction, the deep-pocketed investor now owns a remarkable 19,801,902,912,350 SHIB worth more than $225.34 million, representing nearly 40% of the whale’s crypto portfolio.

At the time of writing, SHIB is trading at $0.000011.

In addition to SHIB, the major investor also owns a number of Ethereum-based altcoins including blockchain scaling solution Polygon (MATIC). The Ethereum whale has 47,177,429 MATIC worth over $55 million, according to Etherscan data.

Hvalen also owns the decentralized oracle network Chainlink (LINK). Etherscan reveals that the major entity has a trove of 1,989,278 LINK tokens worth $13.72 million.

Another altcoin on the investor’s portfolio is the lending and borrowing protocol Compound (COMP). According to the blockchain assembly platform, the whale has 178,936 COMP worth more than $8.52 million.

Next up is decentralized exchange (DEX) protocol Uniswap (UNI). Etherscan shows that the whale in question has swallowed 825,599 UNI worth $5.13 million.

In total, the massive Ethereum whale owns around 147 different cryptoassets worth a staggering $604.48 million at the time of writing.

Whale watching website WhaleStats finds that Shiba Inu remains the top altcoin holding of the top 100 Ethereum whales, excluding ETH itself and stablecoins.

Source: WhaleStats

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Featured image: Shutterstock/GrandeDuc

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