Whales who want to turn the decreases in the Shiba Inu (SHIB) coin, which has emerged as the Dogecoin killer, into opportunities, continue to buy Shiba Inu.

Sharing the data of whales' token purchases, WhaleStats stated that the Ethereum whale named “Gimli” has purchased SHIB over $ 1.1 million. Gimli added the Shiba Inu, which is 50% behind the ATH level, to its wallet.

WhaleStats shared the following information;

   "ETH whale "Gimli" just bought 28,236,296,316 $shib ($1,169,829 USD)."

Famous whale Gimli has turned its assets into the popular meme token after the price drop seen in the Shiba Inu. 28 billion Shiba Inu, the full equivalent of 1.1 million dollars in fiat money, was transferred to the address of the whale named Gimli. In addition, on November 30, it was reflected in the records that the anonymous whale bought 24.8 billion SHIB tokens worth 1 million dollars. Gimli owns 1.2 trillion Shiba Inu with a total value of $52.9 million.

On the other hand, unlike Gimli, the top 1,000 Ethereum addresses move their assets to other tokens. Shiba Inu dominance is falling among the top 1,000 Ethereum whales, while the proportion of other assets is rising. The whales' interest in the Shiba Inu remains, but the fact that metaverse-based cryptocurrencies are currently trending means competitors are multiplying.

Gimli Whalestats

After the news that Shiba Inu was listed on the Kraken exchange, the ETH whale, which bought SHIB, bought 24.8 billion SHIB, worth 1 million dollars. Shiba Inu has announced that it will implement a metaverse-based project to become more than a meme token. Shiba Inu had previously implemented the DEX, NFT collection and various projects. The beginning of the Metaverse step seems to be another source of hope for people investing in the popular meme token.