One of the largest Ethereum (ETH) whales on earth is snapping up hundreds of millions of dollars worth of the top Dogecoin (DOGE) rival Shiba Inu (SHIB).
Blockchain-tracking service Etherscan shows that a large crypto whale loaded up 118,058,494,947 SHIB worth $1.34 million in the past day.
After 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 time of writing, SHIB is trading for $0.000011.
In addition to SHIB, the large investor also owns a number of Ethereum-based altcoins including blockchain scaling solution Polygon (MATIC). The Ethereum whale holds 47,177,429 MATIC worth over $55 million, according to Etherscan data.
The whale also owns decentralized oracle network Chainlink (LINK). Etherscan reveals that the large entity has a trove of 1,989,278 LINK tokens worth $13.72 million.
Another altcoin on the investor’s portfolio is lending and borrowing protocol Compound (COMP). According to the blockchain-montoring platform, the whale holds 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 gobbled up 825,599 UNI worth $5.13 million.
In total, the massive Ethereum whale owns about 147 different crypto assets worth a staggering $604.48 million at time of writing.
Whale-watching site WhaleStats finds that Shiba Inu is still the top altcoin holding of the largest 100 Ethereum whales, excluding ETH itself and stablecoins.
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/GrandeDuc
