Giant Ethereum Whale Bought Hundreds of Billions of SHIBs!

A Twitter account dedicated to Shiba Inu news has announced that the giant Ethereum whale with a wallet named after the Lord of the Rings dwarf “Gimli” has purchased a staggering amount of SHIB.

Over $10 million SHIB acquired

A whale holding 2,405 ETH has added a mind-blowing 153,048,520,476 SHIB tokens to its wallet. At the current Shiba Inu exchange rate, this amount is equivalent to $10,982,761.

The last time a whale bought such a large amount of Shiba Inu meme tokens was a month ago; A rally started that took the money over 300% in a single week.

Whales increasingly interested in Shiba Inu

cryptocoin.com As we reported, several large crypto holders known as whales became interested in the largest meme crypto and bought it in large quantities. SHIB’s largest warehouses were looted about a month ago. At that time, a whale first caught six trillion SHIB and two days later added 276 billion SHIB to that in three transactions that were pulled within just hours of each other. Then, on October 15, more whales bought Shiba. While the coin was in the red after losing $600 million of its market capitalization value, several large transactions were spotted carrying around 75 million Shiba in total. Alongside this, another 28 billion Shiba were bought by whales as the Shiba traded for less than $0.000046.

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