{"id":579696,"date":"2024-09-24T07:24:13","date_gmt":"2024-09-24T07:24:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=579696"},"modified":"2024-09-24T15:53:00","modified_gmt":"2024-09-24T15:53:00","slug":"early-shib-whale-investor-does-it-again-netting-1-million-from-2879-neiro-surge","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/early-shib-whale-investor-does-it-again-netting-1-million-from-2879-neiro-surge","title":{"rendered":"Early SHIB Whale Investor Does it Again, Netting $1 Million From 2,879% Neiro Surge"},"content":{"rendered":"

A crypto whale investor known for making a killing on the meme coin titan Shiba Inu has done it again, making an unrealized profit of 46% worth over $1 million in just 5 days trading <\/span>Neiro<\/span><\/a>.<\/span><\/p>\n

The whale, who earlier  made $145 million by investing in Shiba Inu (SHIB), swapped 1,003 Ethereum, worth around $2.31 million, for 2.856 billion NEIRO tokens on Sept. 18, according to on-chain analytics platform SpotOnChain. <\/span><\/p>\n

\"Crypto<\/p>\n

Whale Sitting On $12 Million In Losses From Other Bets <\/span><\/h2>\n

But the whale hasn’t done so well in other recent investments. The investor’s latest bets were in Artificial Superintelligence Alliance (FET), Neiro, Neiro On Ethereum (NEIROETH) and SHIB. <\/span><\/p>\n

Half of these investments are in the green, according to <\/span>SpotOnChain<\/span><\/a>. <\/span><\/p>\n

The whale is currently in the green by more than 49% with its FET investment, making its position in the <\/span>AI crypto<\/span><\/a> the best performer of the four investments so far.<\/span><\/p>\n

When it comes to the NEIROETH and SHIB trades, the large holder is sitting on an unrealized loss of 44% in NEIROETH and is more than 45% in the red with the SHIB position.<\/span><\/p>\n

SHIB makes up the whale’s biggest investment in terms of dollar value. On-chain data shows that the investor allocated more than $6.9 million in the dog-themed token. <\/span><\/p>\n

Should the whale close its SHIB position now, it will lose more than $11 million. Meanwhile, the investor’s allocation towards NEIROETH has cost them over $1.1 million so far. <\/span><\/p>\n

NEIRO Soars More Then 2,879% In A Month<\/span><\/h2>\n

NEIRO has been on a tear recently, and has skyrocketed more than 2,879% over the last 30 days. Much of this gain happened in the last fortnight, with the meme coin’s momentum carrying over into the last week as well. <\/span><\/p>\n

Data from CoinGecko shows that NEIRO has soared 2,888% in the last 2 weeks and 203% over the past 7 days.<\/span><\/p>\n

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Pepe isn’t just breaking chains—he’s making smart moves! 🧠🐸 pic.twitter.com\/7cau9pZ3KQ<\/a><\/p>\n

— Pepe Unchained (@pepe_unchained) September 23, 2024<\/a><\/p><\/blockquote>\n