One of the largest Ethereum (ETH) whales in existence is turning heads, shifting over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction.
Blockchain-tracking service Etherscan shows that a crypto whale relocated 258,837,671,569 SHIB worth over $2.64 million to Shiba Inu’s smart contract where the tokens could be burned or used in the crypto project’s ecosystem.
The Ethereum whale paid about $2 in transfer fees to make the multi-million-dollar transaction.
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Even after the recent SHIB transaction, Etherscan finds that the large crypto whale still holds an eye-popping 4,925,361,871,313 Shiba Inu worth over $50.23 million.
At time of writing, SHIB is trading for $0.0000102.
On top of the deep-pocketed investor’s large SHIB trove, the whale also owns blockchain scaling solution Polygon (MATIC).
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