A massive whale in the ecosystem of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.
The investor’s accumulation spree has seen numerous sizable purchases coming from wallets associated with leading cryptocurrency exchange Binance, from unmarked wallets, and from wallets associated with proprietary trading firm Jump Trading.
The whale kept on acquiring SHIB in various transactions, ranging from $400,000 to $1 million, to the point it accumulated $1.88 million worth of the meme-inspired cryptocurrency. The accumulation has seen the whale’s wallet swell to 4.97 trillion SHIB tokens.
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