Portfolio that boasted SHIB, now HODLs ‘Pornhub’ among others

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Shiba Inu, alongside most of the tokens from the market, tanked in value on Friday. Taking advantage of the 10% dip, top whales had already started accumulating SHIB tokens. More often than not, these big players have stuck to the “buy the dip” tradition.

In what is the latest development, the prominent pseudonymous whale “Bombur” acquired over 175 million tokens over the past day.

Well, the name Bombur does ring a bell, right? As such, J.R.R. Tolkien’s fantasy novel, “The Hobbi, or There and Back Again” featured a dwarf with the same name who went along with Thorin Oakenshield and Bilbo Baggins to the Lonely Mountain.

Per whale data aggregating platform WhaleStats, the said whale made three rounds of purchases involving 57,871,907,885; 58,807,087,673 and 58,624,985,970 tokens [aggregatively worth $4,553,868] and transferred them to an address.

As a result, Shiba Inu managed to climb up the ladder on the top 10 purchased tokens list and the topmost used contracts on the Ethereum rich list.

Shiba Inu gets overshadowed by McD, ADIDAS, YouTube, and… PornHub

At the time of press, the #20th ranked whale’s portfolio mainly consisted of tokens like “McDonald’s,” “ADIDAS,” “YouTube,” “Yahoo,” “Twitter” and “Pornhub.” The said tokens had a weightage of 22.9%, 18.26%, 16.84%, 6.72% 4.66% and 7.14% respectively.

Source: WhaleStats

Shiba Inu was not a part of the list and as a result, people from the community had started speculating that Bombur has already sold most of his recently purchased HODLings.

Well, in front of the likes of junk food, shoes, social media, and porn, looks like Shiba Inu felt out of place and eventually stepped out of the picture.

Well, the sales and daily dip could not completely negate Shiba Inu’s weekly gains. After noting a 2% rise over the past 7 days, SHIB was seen exchanging hands at $0.00002552 at the time of press.

Credit: Source link

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