One of the largest Ethereum (ETH) whales on Earth is seizing hundreds of millions of dollars from its largest Dogecoin (DOGE) rival Shiba Inu (SHIB).
Blockchain tracking service Etherscan shows that a major crypto whale loaded 118,058,494,947 SHIB worth $1.34 million in the past day.
Following this latest transaction, the big-pocketed investor now owns a remarkable 19,801,902,912,350 SHIB worth more than $225.34 million, representing nearly 40% of the whale’s crypto portfolio.
At the time of writing, SHIB is trading at $0.000011.
In addition to SHIB, the major investor also owns a number of Ethereum-based altcoins, including blockchain scaling solution Polygon (MATIC). According to data from Etherscan, the Ethereum whale contains 47,177,429 MATIC worth more than $55 million.
The whale also owns the Chainlink (LINK) decentralized oracle network. Etherscan reveals that the large entity has a treasure of 1,989,278 LINK tokens worth $13.72 million.
Another altcoin in the investor’s portfolio is the Lending and Borrowing Protocol Compound (COMP). According to the blockchain monitoring platform, the whale has 178,936 COMP worth more than $8.52 million.
The next step is the decentralized exchange protocol (DEX) Uniswap (UNI). Etherscan shows that the whale in question swallowed 825,599 UNI worth $5.13 million.
In total, the huge Ethereum whale owns about 147 different crypto assets worth a whopping $604.48 million at the time of writing.
Whale-watching site WhaleStats finds that Shiba Inu is still the largest altcoin holding of the top 100 Ethereum whales, excluding ETH itself and stablecoins.
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Featured image: Shutterstock/GrandeDuc
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