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Tuesday, July 16, 2024

Ethereum Whale ‘Gimli’ Adds 28 Billion SHIB to its Portfolio

An Ethereum whale Gimli, swooped in to add 28 billion Shib, worth over $1.1 million

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WhaleStats , a crypto analysis website twitted that a Ethereum whale who goes by name ‘Gimli’ has successfully added 28 billion Shiba Inu tokens, worth over $1.1 million. The whale now holds over 1.2 trillion tokens alone

The whale wallet, began buying adding SHIB tokens back in June and has since accumulated a sum that is worth $56 million.  The anonymous whale had previously purchased another big chunk of 24.8 billion SHIB tokens valued at $1 million.

According to WhaleStats alert,  the top 1000 Ethereum wallets now hold more than 47,624 billion SHIB tokens worth over $1.7 billion. Over the last week of November alone, the top 100 Ethereum wallets holding SHIB saw a whopping 42.7 percent increase in accumulation within a day’s trade, clearly highlighting the potential of SHIB in future.

The continued interest from whales hasn’t helped SHIB’s value, the coin has plummeted by more than 50 percent since its all-time high of $0.00008845 in October when it managed to surpass the market capitalization of rival meme crypto Dogecoin and joined the top 10 coins list.

The whale ‘Gimli’ hold 45 tokens from meme tokens to metaverse coins, that include $50 million SHIB token, $24 million dollar MANA tokens, $12 million Ethereum, $11 FANTOM & MATIC coins, also $10 million SAND and lot more other tokens.


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