A Whale Owns 49 Trillion SHIB Tokens Worth $340 Million

There are hundreds of Shiba Inu whales who hold trillions of tokens worth millions of dollars. Arkham Intelligence shed light that leading trading platform Robinhood holds a mammoth 34 trillion SHIB tokens worth $239 million. Additionally, top cryptocurrency trading exchanges like Coinbase, Binance, Gemini, and Crypto.com, among others hold trillions of SHIB tokens.

Also Read: Becoming a Shiba Inu (SHIB) Millionaire Will Only Cost You $6.75

If cryptocurrency exchanges weren’t enough, top individual whales like Gimli, and BlueWhale0073, also own trillions of Shiba Inu tokens. Gimli and BlueWhale0073 accumulated millions worth of SHIB between 2021 and 2022 and are sitting with hordes of tokens.

However, there is one particular whale who holds the highest number of SHIB tokens and he/she is not mentioned in the above paragraphs. The whale is bigger than Robinhood, and all the other exchanges despite being an individual holder. In this article, we will highlight who owns the highest number of Shiba Inu tokens in the world.

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Shiba Inu: This Whale Holds The Highest Number of SHIB Tokens in the World

A former Ripple (XRP) whale holds the highest number of Shiba Inu tokens in the world. On July 5, 2022, the mysterious and unidentified whale transferred his/her XRP holdings to SHIB bagging 48,700,000,000,000 tokens.

Also Read: Shiba Inu: Dubai Man Makes $70 Million in SHIB, But Sells for $4,000

The transfer made the whale own 48.7 trillion SHIB tokens becoming the largest whale in the SHIB ecosystem currently. The 48.7 trillion SHIB tokens are currently worth $340,900,000 ($340 million) on Friday as the token is priced at $0.000007. Also, when the whale transferred his/her XRP to SHIB, Ripple’s native token had slumped 5% immediately on that day.

The transfers were initiated in two different transactions a few months apart. The first transaction shows the whale gaining nearly 26 trillion SHIB through the XRP transfer in May 2022. In July last year, the whale initiated another 21 trillion XRP to SHIB transfer becoming the biggest whale of Shiba Inu.

The XRP to SHIB transfer is the biggest-ever transaction recorded in the history of the token. The whale surpassed Robinhood, and every other cryptocurrency exchange to be the highest owner of SHIB tokens.