A significant anonymous investor recently snapped up $444,000 of Shiba Inu (SHIB), fueling intrigue as SHIB prices surge.
The transaction data shows that the unidentified whale account procured 60 billion SHIB in a single transaction. This purchase increased the wallet’s total holdings to over 73 billion SHIB, valued at $541,350.
Interestingly, this account made its initial Shiba Inu purchase just a month ago. However, within this brief span, it has accumulated half a million dollars in the meme-inspired cryptocurrency.
SHIB now represents nearly half of this investor’s portfolio, which totals $1.38 million in digital assets. The readiness to allocate such a substantial portion to Shiba Inu suggests a bullish sentiment.
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