Shiba Inu Dominates $120M Crypto Portfolio Built by New Ethereum Whale
- An Ethereum whale accumulates over $77M in crypto assets like Shiba Inu in under one hour.
- The whale amassed 583B SHIB, making it his fourth-largest holding in the $120M portfolio.
- The wallet’s biggest holdings include ETH tokens and stablecoin USDT.
An anonymous influential investor in the Ethereum network has caught the crypto community’s attention amid building an over $120 million crypto asset portfolio with assets like Shiba Inu.
In a recent post on X, a Chinese crypto market watcher drew public attention to an Ethereum whale whose crypto holding rose by over 79,831,841% in the last 24 hours.
The analyst observed that the whale accumulated various altcoins like Shiba Inu alongside ETH with a value of $77.87 million in under an hour. The Chinese analyst noted that he last witnessed such massive short-time crypto accumulation a long time ago.
On-chain data from Etherscan confirmed the massive buying spree, indicating most of the inflows came via the Binance exchange. Between 12:46 and 13:40 UTC today, the Ethereum whale bought six crypto assets from Binance, including Shiba Inu, Render (RNDR), Fantom (FTM), Chainlink (LINK), Graph Token (GRT), an…
The post Shiba Inu Dominates $120M Crypto Portfolio Built by New Ethereum Whale appeared first on Coin Edition.
