The whale that broke the money in Shiba Inu (SHIB) turned to two altcoins!

A whale that once made high profits in Shiba Inu (SHIB) turned to two different altcoins.

The whale with the address 0x761, who made significant profits from SHIB, sold his Ethereum and bought two different altcoins. This whale's first choice was one of the most popular memecoins of recent times. His other choice was among artificial intelligence-based cryptocurrencies.

The mysterious whale bought 2.86 billion NEIRO for 1,003 Ethereum (ETH), worth $ 2.31 million. Interestingly, this exchange took place at a time when NEIRO experienced a 17-fold price increase. Despite this increase, the whale that bought seems to trust the popular memecoin.

The whale earned $ 145 million from Shiba Inu between 2021-2022. However, the wallet in question did not perform as well in 2 of its last 3 transactions, including NEIRO and the second SHIB transaction, and lost $13.48 million.

On August 30, the whale swapped 255.62 billion $SHIB worth $3.5 million for 3.114 million FET. With the $FET increasing rapidly, this move earned the whale $715,000.

The largest portion of the whale’s portfolio currently consists of 4,960 ETH worth $11,537 million, making up 43% of its assets. 24% of the portfolio is made up of 477.511 billion SHIB worth around $6,332 million. The whale’s FETs worth $4,235 million make up 16% of its portfolio.

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