Large crypto whale buys 217 billion Shiba Inu tokens

The 11th largest Ethereum whale, named “Bombur,” bought 217.39 billion Shiba Inu tokens yesterday. These tokens are worth $5.95 million.

Large whales buy Shiba Inu tokens en masse

Wealthy investors started buying SHIB tokens en masse when it emerged that popular trading platform Robinhood had added the meme token. It is not surprising that investors are bullish because of this incident. In fact, Robinhood has more than 22 million users who are highly interested in buying meme tokens.

In any case, the 11th largest Ethereum whale named ‘Bombur’ was so bullish that it immediately bought 217,398,365,968 SHIB tokens, worth $5,958,887 ($5.95M). He did this in three separate trades.

The report shows that “Bombur” made three back-to-back trades approximately 20 minutes apart. In his first trade, he bought 79,228,162,513 (79.22 billion) SHIB tokens, worth $2.17 million.

About 20 minutes after the first transaction, the whale performed another similar transaction. He then bought back 79,228,162,513 SHIB, worth $2.17 million. Finally, after another 20 minutes of waiting, Bombur bought another 58.94 billion SHIB tokens, worth $1.61 million.

Whales accumulate SHIB tokens

This is not the first time that “Bombur” has collected such a huge amount of Shiba Inu tokens. The whale has been constantly buying up huge amounts of Shiba tokens since March 29, 2022. In 15 days, the investor bought about 500 billion SHIB tokens. As a result, Bombur now owns 1.05 trillion tokens.

According to WhaleStats, another whale called BlueWhale0073 also bought a huge amount of Shiba Inu tokens yesterday. BlueWhale0073 bought 700 billion SHIB coins in a single transaction.