This Famous Shiba Inu Whale Holds 1.2 Trillion SHIB Coins Worth $56.5 Million

Vinod Dsouza
Shiba Inu wealth making token

Shiba Inu whale ‘Gimli’ loves the dog-themed token so much that he/she refuels SHIB at every given opportunity. Just today, the famous Gimli whale purchased a whopping 49.9 billion SHIB coins worth a staggering $2.4 million. The Gimli whale is in the news regularly for buying bag loads of SHIB and remains to be hungry for more.

The Gimli whale now has a total of 1.2 trillion Shiba Inu coins worth a mind-blowing $56.5 million. Despite accumulating the enormous tokens, the Gimli whale isn’t satisfied and would be back to buy more. It’s only a matter of time before we write another article about Gimli buying millions of dollars worth SHIB again.

WhaleStats was the first to reveal the latest transaction and tweeted, “ETH whale “Gimli” just bought 49,999,999,999 $shib ($2,428,499 USD).”

The Gimli whale also owns Ethereum, Hi Token, MANA, Fantom, SAND, Matic, Enjin Coin among others. Moreover, 25% of the whale’s portfolio is Shiba Inu and 27% is Ethereum.

Gimli has steadily been adding SHIB and buying it during the dip or even when it’s at its high. The whale doesn’t seem to care if SHIB reached the days high and picked it up after it spiked +30%.

Just yesterday, an Ethereum whale purchased 24 billion Shiba Inu coins worth $110 hours before it spiked +30%. The whale timed the purchase in tandem to Kraken listing SHIB and made maximum use of the opportunity. The ETH whale in question sat on huge profits as his/her bag headed north in a matter of hours.

Just a week ago, a whale picked up 850 billion SHIB coins worth $36 million during the dip. In addition, two weeks ago, a first-time SHIB whale purchased 170 billion SHIB coins worth $8 million during the dip.

Shiba Inu Whales Purchased 42% More SHIB

Shiba Inu whales have added 42% more SHIB coins to their wallets in the last 48 hours. Whales made use of the recent dips and purchased more amount of tokens to their portfolio. They also timed the purchase hours before Kraken listed SHIB and their timing paid off as the token spiked +30%.

On an average, the whales’ minimum SHIB balance now stands at 2.5 billion tokens. Keep in mind that the number is a bare average and majority of their portfolio is much larger.

Shiba Inu at the time of publishing was trading at $0.00004498 and is up +14.92% in the days trade. The token is displaying extreme bullish sentiments and investors believe it could delete zero by the end of the year.