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Home » One Of The Biggest ETH Whale “Gimli,” bought 442.6 Billion SHIB Coins And Now Holds 1 Trillion SHIB In Total

One Of The Biggest ETH Whale “Gimli,” bought 442.6 Billion SHIB Coins And Now Holds 1 Trillion SHIB In Total

Top-ranked whale buys $11 million worth of SHIB

James by James
March 17, 2022
in General News
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From Meme Coin to Long-Term Asset: The Evolution of Shiba Inu Investor Strategy
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  • Top-ranked whale buys $11 million worth of SHIB
  • New SHIB whale emerges with 442.6 billion tokens.

Top-ranked whale buys $11 million worth of SHIB

As reported by WhaleStats in their recent tweet, a top 5 crypto investor named Gimli after a character of Tolkien’s “Lord of the Rings” novel. This whale, whose portfolio is dominated by Ethereum, purchased a staggering amount of Shiba Inu in one transaction.

He purchased 442,637,867,858 SHIB, which contains $11,561,701.

The website of this wallet says Gimli now holds $38,184,560 worth of SHIB.

For Gimli’s other crypto holdings, he owns most of them to do with Metaverses: Tesla, Tiketto, McDonald’s, Windows, Wal-Mart, and Twitter DAO, SWIFT, DAO, etc.

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SHIB represents 17.42% of the top 100 Ethereum whales’ portfolios, which equals $1,558,453,796 in fiat. FTX token (FTT) has the largest value in U.S. dollars, followed by Shiba Inu.

New SHIB whale emerges with 442.6 billion tokens.

U.Today reported that a crypto investor bought 442,637,867,858 SHIB and became the world’s largest SHIB investor. $11,969,061 is the value of the second most valuable canine cryptocurrency.

As part of a similar scheme, U.Today covered the purchase of 3,457,477,154,937 SHIB by an investor in early February, becoming a new whale. That amount of crypto cost him $115,998,358.

A 4.11% decline is being recorded by Shiba Inu at the $0.00002552 level, the 14th-ranked cryptocurrency as of this writing. In terms of weekly price statistics, the increase was 20.64%.

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James

James

James is a 33-year-old cryptocurrency enthusiast who has been involved in the industry since 2017. He has always been a keen follower of the crypto space and has experience in trading and mining cryptocurrencies. Since then, James has also written numerous articles on the subject and is passionate about sharing his knowledge and insights with others.

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