1 Trillion SHIB Whales Grab Another 130.5 Billion Shiba: Report

SHIB

Whales with over 1 trillion SHIB in their wallets have purchased additional 130.5 billion Shiba Inu

WhaleStats reported that the owners of two major Ethereum wallets acquired a total of 130.5 billion Shiba meme tokens.

One of these whales already holds over 1 trillion SHIB.

130.5 billion SHIB added to big whale wallets

Ethereum investor “BlueWhale0073” acquired 77,863,856,441 SHIB for $1,679,523 earlier today. Before that, another whale – “Bombur” – got their hands on a slightly smaller, but still significant amount of Shiba.

This investor, whose wallet’s name originates from Tolkien’s fantasy novel, “The Hobbit: There and Back Again,” grabbed 52,722,964,285 SHIB tokens.

“Bombur”, at present, already owns a total of 1,018,537,622,377 SHIBs worth $21,847,632. This represents 5.8% of its portfolio.

“BlueWhale0073” wallet contains USDT as its largest holding (62.77%). Among the largest investment positions here after USDT come USDC, LINK, MATIC and UNI. MATIC and USDC constitute 15.36% and 15.35%, respectively.

On May 4, the owner of this wallet also acquired 70,606,169,414 SHIB.

Gucci now sells stuff for SHIB and other crypto

As reported by U.Today earlier, global fashion brand Gucci has started accepting cryptocurrencies—including meme coins—for its goods at selected outlets in North America.

In order to pay for fashion items, customers will need to scan a QR code. According to the company’s CEO, Marco Bizzarri, Gucci is always open to new technologies. This wasn’t the first time that Gucci dipped its toes into blockchain technology. Last May, he ventured to issue an NFT, which was later sold for $25,000.

Last summer, news came out that German-based fashion house Philipp Plein also began to accept cryptocurrencies after striking a partnership deal with crypto payments processor Coinfy.

The fashion industry around the world seems eager to start introducing payments.

In winter this year, Italian John Richmond also began collaborating with Shiba Inu.

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