As the official launch of Shibarium moves closer, crypto whales are beginning to become more interested in the popular dog-themed token, Shiba Inu (SHIB).
A mysterious cryptocurrency whale suddenly shifted trillions of Shiba Inu (SHIB) tokens as the top meme coin continues to see explosive price trends over the past week.
According to Whale Alert, the tracker of large crypto transactions, a crypto whale moved a total of 1,999,998,709,228 SHIB worth relatively $24 million from Binance, the world’s largest crypto exchange by trading volume, to a wallet of an unknown origin in four separate transfers.
Going by the whale tracker, it took the whale only five minutes to initiate the transactions, indicating that the massive SHIB trove is controlled by a single entity.
499,999,677,307 SHIB worth $6.05 million transferred from Binance to a wallet of unknown origin499,999,677,307 SHIB worth $6.05 million transferred from Binance to a wallet of unknown origin499,999,677,307 SHIB worth $6.05 million transferred from Binance to a wallet of unknown origin499,999,677,307 SHIB worth $6.05 million transferred from Binance to a wallet of unknown origin
It’s also shown that the whale paid only $6.51 worth of Ethereum (ETH) to complete the whopping transaction.
A closer look at the receiving wallet reveals that the large Shiba Inu trove was sent to a Gnosis Safe smart contract, according to blockchain tracker Etherscan.
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