Smart Whale Made $1,641,047,796 in a Year with Shiba Inu, ETH, and CRO: Here’s How

On Dec 6, 2023

On-chain analyst Reflection recently took to X to unveil the success story of a crypto whale that raked in a staggering $1,641,047,796 in just one year.

The tweet sheds light on the investor’s exceptional skill in uncovering x100 low-cap gems, resulting in a portfolio boost of +3,475,758.8%. The whale has strategically positioned the bulk of their holdings in Ethereum ($ETH), constituting 27% of their capital.

This #crypto wallet made $1,641,047,796 all in one year!🚨
His skill to find x100 low-caps, boosted his portfolio by +3,475,758.8%.
Let’s explore his holdings & best On-chain tools to stay early 🧵👇 pic.twitter.com/zCTxLgmTLw
— Reflection🪩 (@0xReflection) December 4, 2023

The Whale’s Ethereum holdings stand at an impressive 441 million, with an average purchase price over time pegged at $2,069. The profit and loss statement for Ethereum reflects +$6,732,159. This strategic play in Ethereum showcases the investor’s adept navigation of the crypto market’s nuances.

Also read: Shiba Inu To 1 Cent? Google Bard Predicts When SHIB Could Hit $0.01

Shiba Inu constitutes the third-largest holding of the whale

Beyond Ethereum, the Whale’s portfolio boasts two other substantial assets: Crypto.com Coin (CRO) and Shiba Inu (SHIB). The CRO tokens hold a value of $423,628,077. Meanwhile, the whale’s SHIB holding stands at $374,333,542. The duo contributes to an overall profit and loss of $7,178,953.36.

A look at the whale’s wallet shows that its SHIB holdings have yielded a 5.2% profit of over $18 million. There have been several examples of Shiba Inu millionaires who made a fortune through strategic investment. This whale now adds to that list.

Also read: Why is Bitcoin (BTC) Rising Today? Explained

The strategic positioning and management of these assets highlight the investor’s keen understanding of market dynamics and their ability to capitalize on emerging opportunities.