WhaleStats data shows that Ethereum whale BlueWhale0159 purchased 150 billion SHIB, worth about $1,750,500 when the purchase happened nearly 16 hours ago.
At press time, the whale holds $1,783,849 worth of SHIB, or 4.8% of its portfolio. Its investment portfolio is mainly composed of USDC, accounting for 88.28%.
According to an earlier tweet by WhaleStats, SHIB has made it to the list of the top 10 most purchased cryptocurrencies by Ethereum whales. However, this does not appear to affect the price of the asset. As previously reported, whale users buy SHIB mainly for speculation, as they sell it immediately after buying it.