A newly emerged whale has purchased a staggering 20 trillion Shiba Inu tokens worth $176.80 million, making them the fifth largest holder of SHIB. The purchase was made through four equal transactions, each adding 5 trillion SHIB to the investor's portfolio, and all transactions occurred simultaneously. Whale Alert, a blockchain data tracking platform, confirmed the purchase.
This buying spree comes amidst a flurry of significant developments within the Shiba Inu ecosystem, including the integration of SHIB payments on the UQUID shopping platform and the creation of exclusive cold wallets for SHIB in partnership with Tangem. Additionally, the Shiba Inu metaverse is set to release previews of four hubs by September.
