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Whopping 750 Billion SHIB Suddenly Grabbed by “Gimli” Whale on Dip

Sat, 07/09/2022 - 09:09
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Yuri Molchan
This SHIB whale continues to acquire Shiba Inu, making three jaw-dropping transactions to his wallet
Whopping 750 Billion SHIB Suddenly Grabbed by “Gimli” Whale on Dip
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One of the largest investors on Ethereum chain, known as “Gimli”, has astounded the crypto community by grabbing three massive amounts of Shiba Inu, totaling nearly 750 billion tokens, according to WhaleStats platform.

Buying astounding sums of SHIB

Owner of “Gimli” wallet has purchased three big SHIB lumps of 250,000,000,001, 249,998,999,999 and 250,000,999,999 Shiba Inu. In total, these purchases of the whale have cost him $8.4 million.

At the moment, SHIB is the biggest token by the US dollar value in the whale’s portfolio as he is holding a $4,312,591 worth of SHIB, having already sold half of the acquired meme tokens.

Shiba Inu now comprises 19.6 percent of his portfolio with LINK sitting right next to it.

52,000 BTC Bought by Bitcoin Sharks Over Past Month: Report

SHIB holder number surges

Earlier this week, U.Today covered that the number of wallets that hold Shiba Inu has now risen to a cumulative 1,191,766.

While, the increase in the holder number will hardly impact the token’s price, it still shows a growing long-term interest in the meme coin as its community continues to expand.

At press-time, Shiba Inu is trading at $0.00001131, according to data provided by CoinMarketCap.

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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