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 ($1,408,419 USD).— WhaleStats - BabyWhale ($BBW) (@WhaleStats) April 1, 2022
Ranked #18 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/wNZmFltid4#AAVE #ERC20 #DEFI #ETH #whalestats #babywhale #BBW
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).
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.