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

Sat, 04/02/2022 - 13:36
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Yuri Molchan
This whale continues buying SHIB and has also added 5,465 AAVE after acquiring 175 billion Shiba Inu
$1.4 Million in AAVE, 58 Billion SHIB Grabbed By This Whale After Buying 175 Billion Shiba Inu
Cover image via stock.adobe.com

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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.

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).

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.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.