One of the largest Ethereum (ETH) whales on the planet has acquired hundreds of millions of dollars worth of Dogecoin (DOGE) rival Shiba Inu (SHIB).
Etherscan, a blockchain tracking service, claims that a giant cryptocurrency whale Laden with 118,058,494,947 SHIB for the past day equals $1.34 million.
After this latest transaction, well-funded investors are now own A staggering 19,801,902,912,350 SHIB valued at over $225.34 million makes up almost 40% of Whale’s cryptocurrency portfolio.
At the time of writing, SHIB is trading at $0.000011.
In addition to SHIB, large investors own a number of Ethereum-based altcoins, including blockchain scaling solution Polygon (MATIC). According to Etherscan data, Ethereum whales hold 47,177,429 MATIC worth more than $55 million.
The whale also owns the decentralized oracle network Chainlink (LINK). Etherscan has revealed that this giant holds 1,989,278 of his LINK tokens worth $13.72 million.
Another altcoin in an investor’s portfolio is a compound lending and borrowing protocol (COMP). The whale holds 178,936 COMP worth more than $8.52 million, according to a blockchain monitoring platform.
Next up is Uniswap (UNI), a decentralized exchange (DEX) protocol. Etherscan shows that the whale in question devoured his $5.13 million worth of 825,599 UNI.
In total, the giant Ethereum whale owns about 147 different crypto assets worth a staggering $604.48 million at the time of writing.
Shiba Inu remains the top altcoin holder among the 100 largest Ethereum whales, excluding ETH itself and stablecoins, according to whale-watching site WhaleStats.
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Featured Image: Shutterstock/GrandeDuc