A large Shiba Inu whale has reportedly been carrying tokens worth around $500 million. A whale who previously purchased a significant amount of SHIB tokens is reportedly transferring their funds to another wallet. cryptocoin.com We focus on details.
Giant Shiba Inu whale moves
According to a transaction spotted by WhaleStats, which focuses on whale movements in crypto markets, a Shiba Inu whale known by the nickname “Hulk” transferred its funds to another wallet. The transaction in question was valued at more than $470 million. This massive transfer took place yesterday. Moved almost all the funds of the “Hulk” wallet to another wallet. The transaction, which left just $4 million worth of tokens unmoved, appeared on SHIB’s blockchain yesterday.
Receiving most of the “Hulk’s” funds, the new wallet currently holds more than $470 in Shiba Inu tokens. So who can be the real person who owns the “Hulk” wallet? It is extremely difficult to determine the owner of the wallet due to the decentralization logic that the crypto money markets are based on. However, some users and members of the Shiba Inu community have hypothesized that the wallet may be linked to a cryptocurrency exchange that then buys a large number of tokens to initiate transactions. Some users even assumed that the big purchase was made by transaction app Robinhood, which previously published the list of the famous meme token that was widely endorsed by the crypto community. At the time of writing, the SHIB token is trading at $0.000034, down 3% daily.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.