Whale Emerges: Mysterious Investor Transfers $13.36M in SHIB Tokens and BIGTIME Tokens
- A mysterious investor moves a massive amount of 1.44 trillion SHIB and $1.2 million in BIGTIME tokens over two days.
- The sudden appearance of this whale triggers discussions and speculation within the Shiba Inu community, sparking curiosity about the investor’s motives.
In an unexpected development, the Shiba Inu (SHIB) market witnesses the emergence of a mysterious investor, executing substantial transactions totaling 1.44 trillion SHIB tokens, valued at $13.36 million, alongside three million BIGTIME tokens valued at $1.2 million. The revelation of this whale’s activity first surfaced through Lookonchain, a leading blockchain analytics platform, unveiling transactions occurring within the past 48 hours originating from the address “0xF633.”
The mysterious wallet created a mere two days ago, according to Etherscan, initiated its activity with a substantial $3.6 million transfer involving 400 billion SHIB tokens from Binance. Over the subsequent 48 hours, it continued transferring vast amounts of SHIB tokens from both Binance and GateIO, raising eyebrows in the crypto community.
SHIB Whale Surge and Subsequent Decline
Previously, U.Today reported a surge in whale activity around the Shiba Inu token, indicating a staggering 1,300% increase in large holders’ transactions. This surge peaked at $89.88 million in transactions exceeding $100,000. However, the large SHIB transaction volume has since dwindled to 3.86 trillion tokens, equivalent to $37.14 million, marking a significant decline.
The sudden appearance of this enigmatic whale has sparked intense discussions and speculation within the crypto community, reigniting interest and debate around the Shiba Inu token. The community eagerly deliberates on the potential motivations behind this substantial transfer, leaving market participants curious and vigilant about the next moves of this mysterious investor.
