A whale investor has purchased nearly 150 billion Shiba Inu (SHIB) meme coins, as well as several hundred billion PEPE and half a million NEIRO coins. The whale spent $12.8 million worth of DAI stablecoins on this acquisition, using nine digital wallets. The entity had previously earned an impressive amount of dollars on SHIB and is now extending its buying spree to other meme coins. Additionally, the Shiba Inu community continues to burn SHIB coins, with a massive burn rate increase of 12,670.70% in the past 24 hours. Overall, the community has disposed of a total of 410,742,674,887,182 SHIB coins, partially thanks to Vitalik Buterin's burning of a large amount of SHIB in May 2021.
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