According to Whale Stats statistics, which provides on-chain data, in the past 24 hours, a whale named “Bombur” has added a large amount of meme coins to its bag. Here are the details…
Whale added $4.4 million meme coins to its portfolio
One of the rich investors, who is described as a “whale” in terms of the abundance of coins he holds, Shiba Inu, one of the most popular meme coins It seems to focus on (SHIB). A whale named Bombur bought 175.2 billion SHIB tokens over the past day. This equates to a total transaction of $4.4 million.
Bombur, JRR Tolkien’s iconic fantasy novel “The Hobbit” He is the name of one of the dwarves who went to Lonely Mountain with Thorin Oakenshield and Bilbo Baggins. WhaleStats reported that the owner of this wallet made three SHIB purchases and transferred the tokens to 0x2ee555c9006a9dc4674f01e0d4dfc58e013708f0. These three separate transactions, 57,871,907,885; It consists of 58,807,087,673 and 58,624,985,970 Shiba Inu.
Whale sold what it bought
But so far “Bombur” has sold most of the SHIB tokens it bought. Whales (the top 100 wallets whose transaction data WhaleStats focuses on) often trade on popular altcoins like Shiba Inu and ApeCoin. The whale’s portfolio now consists of various company-related tokens. As we reported on cryptokoin.com previously, WhaleStats detected transactions involving frequent SHIB purchases from another wallet named a Tolkien character named dwarf “Gimli”, one of the key characters of the “Lord of the Rings” book trilogy.
Meanwhile, the price of SHIB fell as the price of Bitcoin corrected. Bitcoin has lost about 4 percent of its dollar value over the past 24 hours, while the total cryptocurrency market cap has lost nearly $100 billion, a somewhat anticipated drop. Bitcoin had a fantastic rise to $48,000, closing a total of eight days in the green. However, that changed when it dropped to $45,000. This has also affected the overall market and the price of the second largest meme coin, SHIB, has taken a hit. SHIB recorded a 7.9 percent drop.
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