Shiba Inu Whale with 4 Trillion SHIB Expands Interests; This is what was bought

According to Whale StatisticsEthereum whale “Sabo”, ranked 48th by WhaleStats – which has four trillion SHIB, or $91,757,200 – has expanded its crypto holdings by acquiring 1,024 Maker (MKR), paying more than $2 million for this stablecoin. Another altcoin bought by the mysterious buyer “Sabo” was AAVE-16,706 coins worth $2,746,299.

Data shared by WhaleStats, followed by Etherscan, shows that another major Ethereum investor has managed to get hold of a staggering amount of Shiba Inu meme cryptocurrency, totaling more than 271 billion tokens.

The 207th-placed whale on WhaleStats added a total of 271,370,420,630 SHIB to its portfolio, or $6,542,740 worth. In recent days, AAVE has seen massive whale transactions, as reported by on-chain analytics firm Santiment. Speaking of this, Holiness indicates that seven $1 million dollar trades were made on March 24, leading to a price increase before the price fell.

Aave is a decentralized funding protocol that allows users to borrow and borrow crypto. Lenders earn interest by depositing digital assets into specially created liquidity pools. Likewise, borrowers can then use their crypto as collateral to take out a flash loan with this liquidity.

Aave currently ranks the 53rd largest cryptocurrency in terms of market cap, trading at $164.69, according to CoinMarketCap

Maker (MKR) is the governance token of MakerDAO and Maker Protocol that allows users to issue and manage the DAI stablecoin. The Maker ecosystem is said to be one of the first projects in the decentralized finance world (DeFi). MKR ranks 56th largest cryptocurrency by market cap and is trading at $1,986 at time of publication.

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