An unknown crypto whale suddenly moves over three trillion Shiba Inu (SHIB) tokens as the altcoin market collapses.
Blockchain tracking service Whale Alert initially spotted the big Shiba Inu transaction.
Whale Alert reveals that an entity with deep pockets moved a total of 3,811,233,843,288 SHIB worth approximately $25.6 million from one unknown wallet to another unknown wallet.
? ? 3,811,233,843,288 #SHIB (25,596,246 USD) transferred from unknown wallet to unknown wallethttps://t.co/BxyIPoDq9J
— Whale Alert (@whale_alert) June 16, 2023
The receiving wallet continues to hold the large SHIB stack at the time of writing, while the entity controlling the sending address has effectively drained the wallet.
Whale Alert shows that the sender paid just over $1 to process the immense Shiba Inu transaction.
Shiba Inu is trading at $0.00000681 at the time of writing, up 0.5% over the past 24 hours.
One of the latest developments for the Shiba Inu ecosystem is the introduction of Shibacalsan In-Real-Life (IRL) component that allows community members to transform their SHIB-themed non-fungible tokens (NFTs) into physical items such as toys or stuffed animals.
Popular Shiba Inu influencer Lucie explains how Shibacals can positively impact the SHIB community.
“Shiba Inu is not just a digital phenomenon, but a community that thrives on real-world interactions. We are excited about the potential to bridge the gap between our online presence and tangible experiences that bring us closer together.
Imagine attending Shiba themed events, meetups and conferences where you can connect face-to-face with fellow Shiba enthusiasts…
With the In-Real-Life component, we want to enhance the positive impact of the Shiba Inu ecosystem beyond the digital world. Whether through charitable initiatives, volunteering or supporting causes close to our hearts, we can make a real difference as a united force of Shiba enthusiasts.
The IRL component also opens doors to exciting collaborations with brands, influencers and organizations that align with our values and mission. Together we can create partnerships that bring unique experiences, exclusive merchandise and special events to the Shiba community.”
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Image generated: Midway through the journey
