According to cryptocurrency onchain data, a new move by an early-stage Shiba Inu (SHIB) whale has attracted attention.
According to the data, the early SHIB whale purchased $2.31 million worth of NEIRO approximately five days ago. According to current data, the whale made a profit of $1.07 million, or 46%, in just five days.
This whale is currently in the green zone for two of its four current investments so far.
Apart from NEIRO, the whale wallet also has an impressive profit rate of 49% in FET investment. It made this investment on August 31, 2024.
However, interestingly, the whale lost 45%, or $11.48 million, in the second SHIB trade.
This crypto wallet made a whopping $145 million in profits from Shiba Inu during the 2021/2022 big bull run. However, SHIB seems to have fallen behind other memecoins in the recent memecoin rush. Despite this, it continues to hold the title of the second-largest memecoin at the time of writing.
*This is not investment advice.
