It was bought on a centralized crypto exchange and moved to a cold wallet. This investor decided to go into Shiba after the recent launch of the much-anticipated Shiba Eternity game.
Whale bought a total of 100,000,000,000 Shiba Inu worth $1,108,000 on the Kucoin exchange, according to details provided by Etherscan.
This whale seems to have made the purchase following a massive inflow of new investors into Shiba Inu. According to an earlier U.Today report, following the worldwide launch of the Shiba Eternity game on October 6.
As soon as the game got its global release on both iOS and Android, the number of downloads of the app pushed it into the top 20 list in the App Store. In the Google Play Store, the number of downloads spiked above 10,000 in some regions.
After this, the amount of Shiba Inu holders soared to 2,193,520. This is was an increase by 2,220 users after the launch of the game.