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Home Crypto Altcoin

Ethereum Whale Strikes 258,837,671,569 Shiba Inu (SHIB) in One Huge Transaction: On-Chain Knowledge

News Room by News Room
Mar 12, 2023 6:37 am EDT
in Altcoin
Reading Time: 1 min read
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One of many largest Ethereum (ETH) whales in existence is popping heads, shifting over 1 / 4 of a billion Shiba Inu (SHIB) tokens in a single large transaction.

Blockchain-tracking service Etherscan reveals {that a} crypto whale relocated 258,837,671,569 SHIB price over $2.64 million to Shiba Inu’s sensible contract the place the tokens may very well be burned or used within the crypto undertaking’s ecosystem.

The Ethereum whale paid about $2 in switch charges to make the multi-million-dollar transaction.

Even after the latest SHIB transaction, Etherscan finds that the big crypto whale nonetheless holds an eye-popping 4,925,361,871,313 Shiba Inu price over $50.23 million.

At time of writing, SHIB is buying and selling for $0.0000102.

On high of the deep-pocketed investor’s giant SHIB trove, the whale additionally owns blockchain scaling answer Polygon (MATIC). Based on Etherscan, the big entity holds 11,319,916 MATIC price greater than $11.97 million.

One other altcoin within the crypto whale’s portfolio is decentralized oracle community Chainlink (LINK). The blockchain-tracking website reveals that the whale has amassed 904,734 LINK price $5.55 million.

The Ethereum whale additionally owns lending and borrowing protocol Aave (AAVE). Based on Etherscan, the whale in query has 40,595 AAVE price $2.17 million.

Subsequent up is decentralized finance (DeFi) protocol Compound (COMP). Etherscan reveals that the whale holds 69,714 COMP price $2.63 million.

All in all, the big crypto investor owns 111 altcoins price $76.29 million.

Featured Picture: Shutterstock/Lemberg Vector studio



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