Former Ripple Whale Now Owns $340 Million in SHIB After Massive Transfers, Becoming Largest Individual Holder

A former Ripple whale owns 49 trillion SHIB worth $340 million, making them the largest SHIB holder.

The whale initially transferred 26 trillion SHIB from XRP in May 2022.

Then in July 2022, they transferred another 21 trillion XRP to SHIB.

This is the biggest single transaction ever recorded for SHIB.

The whale now surpasses exchanges like Robinhood and Coinbase as the top SHIB holder.