A crazy Shiba Inu whale has bloated crypto wallets with the purchase of $1.4 million in AAVE and 58 billion SHIB, according to data provided by whale watching platform WhaleStats.
Shiba Inu whale attacks DeFi alcoin AAVE
WhaleStats on-chain data tracking the top 100 wallets on various blockchains including Ethereum, Polygon (MATIC) and BNB Chain The company shared on its Twitter account that a Shiba Inu whale nicknamed “Bombur” (the name of a dwarf character in the iconic Tolkien novel “The Hobbit”) purchased Aave (AAVE) at SHIB for $1.5 million and nearly the same value:
ETH whale “Bombur” just bought 5,465 AAVE (equivalent to $1,408,419).
As we have mentioned in the news of Cryptokoin.com, Aave is the first step towards making people’s crypto money A decentralized finance (DeFi) protocol that allows borrowing and lending. Lenders earn interest by investing digital assets in specially created liquidity pools. Borrowers can then use their crypto as collateral to get a flash loan using this liquidity. At the time of writing, the altcoin, which is ranked 47th in terms of market capitalization on CoinMarketCap, was trading at $238.41, down 2.63% in the last 24 hours.
Bombur also continued to receive SHIB
After purchasing an astonishing 175 billion SHIB tokens the day before, ‘Bombur’ bought another 58,505,930,053 SHIB tokens (equivalent to $1,408,419). took. WhaleStats shared on his Twitter account:
ETH whale “Bombur” just bought 58,505,930,053 SHIB (equivalent to $1,532,270).
But at the time of writing, the whale was not holding any SHIB or AAVE. The 18-rank wallet contains $1,852,886,780 in Ethereum and ETH-based crypto tokens. The largest share of the portfolio consists of McDonald’s (22.92%), ADIDAS (18.22%) and Pornhub (7.12%) related tokens.
Unlike hodlers, traders and whales are usually Shiba Inu (SHIB), Aave (AAVE), Ftx Token (FTT), etc. They speculate on popular tokens, buy them at low prices, and then sell them when the price rises.
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