Whale Buys 28 Billion SHIB for $1.2 Million as Price Stalls

Publisher

CryptoPotato

Fri, Dec 03, 2021

Aliens TLDR

Yesterday, pseudonymous ETH whale “Gimli” bought 28 billion SHIB for $1.2 million.

Apparently, Binance sent exactly 28,236,296,316 SHIB to Gimli for $1,204,823.

With the latest purchase, Gimli now holds a whopping 1,281,667,671,716.74 SHIB for $53,977,897.

Though SHIB is a crypto token, it is far from decentralized.

His address is 25% composed of SHIB, which is even greater than his ETH balance.

For example, Dogecoin copycats soared when the Tesla CEO revealed his new pet dog – a Shiba Inu. On the other hand, SHIB tanked after Musk announced that he didn’t personally own the meme coin.

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