$1.4 Million in AAVE, 58 Billion SHIB Grabbed By This Whale After Buying 175 Billion Shiba Inu

WhaleStats on-chain data company that tracks the largest 100 wallets on various blockchains, including Ethereum, MATIC and BNB Chain, has tweeted that owner of the “Bombur” (called after a dwarf character in the iconic Tolkien novel “The Hobbit”) has acquired $1.5 million in SHIB and almost the same worth of AAVE.

? ETH whale "Bombur" just bought 5,465 $aave ($1,408,419 USD).

Ranked #18 on WhaleStats: https://t.co/3ADbDHvWPW

Transaction: https://t.co/wNZmFltid4#AAVE #ERC20 #DEFI #ETH #whalestats #babywhale #BBW

— WhaleStats - BabyWhale ($BBW) (@WhaleStats) April 1, 2022

After acquiring a staggering 175 billion Shiba Inu tokens a day earlier, whale “Bombur” has bought more SHIB – 58,505,930,053 tokens and 5,465 (the equivalent of $1,408,419).

? ETH whale "Bombur" just bought 58,505,930,053 $shib ($1,532,270 USD).

Ranked #19 on WhaleStats: https://t.co/3ADbDHvWPW

Transaction: https://t.co/wRKr1IoIQM#SHIB #ShibArmy

— WhaleStats - BabyWhale ($BBW) (@WhaleStats) April 1, 2022

At the time of writing, however, the whale does not hold any SHIB or AAVE. The 18-ranked wallet contains $1,852,886,780 in Ethereum and ETH-based crypto tokens. The biggest share of the portfolio is comprised of tokens related to McDonald’s (22.92 percent), ADIDAS (18.22 percent) and Pornhub (7.12 percent).

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Unlike hodlers, traders and whales often speculate on trendy tokens, such as SHIB, AAVE, FTT, etc, buying them at low prices and then selling when the price goes higher.