384,565,119,597 Shiba Inu (SHIB) Transferred to Mystery Crypto Whale in Span of 10 Days

A mysterious whale is accumulating Shiba Inu (SHIB) in large amounts as the crypto project prepares a big ecosystem update.

The whale in question has added 384,570,786,965 SHIB worth $5.05 million in the last 10 days – and now holds a grand total of 19,420,099,565,898 SHIB worth $255.56.

The whale received the new trove of SHIB in a series of four transactions.

Shiba Inu is one of the most widely-held altcoins among Ethereum whales.

According to WhaleStats, SHIB is now the fourth most-held crypto asset among the 100 largest Ethereum whales in existence, behind ETH and the stablecoins USD Coin (USDC) and Tether (USDT).

Source: WhaleStats

The whale’s accumulation spree comes with the launch of Shiba Inu’s layer-2 blockchain Shibarium on the horizon.

The protocol is similar to scaling solutions like Polygon (MATIC), and will allow developers to build scalable dapps with custom tokens that can be traded using the crypto asset Bone ShibaSwap (BONE) for gas.

The protocol’s beta launch is set for next week.

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