Known as the Dogecoin killer, Shiba Inu is undoubtedly the most popular altcoin of recent days. Just before SHIB’s recent 242.9 percent rise, a whale with 6 Trillion SHIB transferred its coins to an unknown wallet. Could the SHIB whale have sold all these coins to Elon Musk?
The Shiba Inu (SHIB) has had a very interesting few weeks. Its first surge during this time preceded its official listing on Coinbase. Still, this jump was just a preview of the jump that took place a few days ago.
The price of SHIB increased by over 50% in one day. Yet amazingly, the next day the price increased an incredible 242.9 percent on the one-week chart. At the time of writing, the price has moved higher and SHIB is currently trading at $0.00002567.
Just at the time when these rises were seen, a very interesting development emerged. WhaleStats has identified a large number of SHIB transfers. To be precise, the transfer amount was 6,178,758,122,373,372 SHIB.
This transfer took place just before the bullish bullish seen a few days ago. Thanks to Etherscan, it is possible to follow the transferred coins more closely.
According to Etherscan data, this huge transfer was not made in one go and between two wallets. According to the data, 6 Trillion SHIB were transferred in parts between different wallets until they were collected in an unknown wallet. The SHIB community is wondering who made this astronomical transfer just before the ascension and how they predicted this ascension.
Of course, when it comes to meme coins, the first name that comes to mind is Elon Musk. Of course, this is not officially confirmed information, but the SHIB community is seriously discussing the idea.
Shiba Inu now has a really large following, just like its rival Dogecoin.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.