Shiba Inu meme currencies were transferred in two enormous transactions, each involving more than four trillion SHIB, according to Whale Alert. Based on information this crypto tracker gave, they were many hours apart.
Following two significant communications that the Shiba Inu community received from the pseudonymous SHIB main developer Shytoshi Kusama on Telegram, these transactions took place. Additionally, they occurred just before Halloween, and Lucie, the SHIB team representative, congratulated the SHIB army on this occasion.
https://x.com/LucieSHIB/status/1719262920725381598?s=20
Anon whales move nine trillion SHIB in two chunks
According to the previously cited source, the transfers included 4,474,530,677,374 SHIB and 4,499,530,677,374 SHIB, each of which was valued at a significant $35 million at the time it was completed.
These massive transfers of meme coins, which took place between anonymous wallets, have not affected the price of Shiba Inus.
https://x.com/whale_alert/status/1719286416205643965?s=20
Whales started moving massive numbers of these canine tokens to demonstrate their growing interest in the second largest meme currency following the debut of the Layer-2 solution Shibarium, which took place in mid-August while SHIB was hosting the annual Blockchain Futurist Conference in Toronto.
The aforementioned SHIB transfers started to appear regularly, and occasionally, multiple 4.5-trillion-SHIB lumps were transported in a single week. Several times, these trillions of SHIB ended up in brand-new wallets that had previously had no transactions entered into them.
The SHIB army aggressively predicted a significant price spike following the highly anticipated debut of Shibarium before to its much-awaited launch. But that is not the case; the price of SHIB has not changed significantly despite the launch of Shibarium, staying about where it was.
The SHIB meme currency is trading at $0.00000790 vs USDT on the Binance platform at the time this article was written.
Shytoshi Kusama publishes cryptic message
The SHIB community was shocked and encouraged by a difficult-to-understand statement sent by the team’s unknown leader on the Shibarium Tech Telegram channel over the weekend.
In response to one of his fans’ inquiries about his well-being, Kusama stated that he was “better than ever” and “preparing to lay the beauty of Shib before the feet of the masters.” The SHIB group was left wondering about the identities of these “masters” and the general meaning of Shytoshi’s words.
He became well-known for his use of Oriental philosophical analogies in the beginning of the year, when discussing the potential Valentine’s Day launch of Shibarium.
In an earlier Telegram chat, which was also shared this past weekend, Shytoshi once more expressed his prediction that “many will fud.” “Only global leaders seem to be able to wrap their minds around the power of what we are building TOGETHER,” said the speaker. You who comprehend are on the same side as them.”
This appears to be consistent with Shytoshi’s earlier declaration that “SHIB > X,” seemingly putting Elon Musk and the X app to the test. The tech mogul is presently rebranding Twitter and making several updates to it, such as monetization opportunities for content creators and user growth.
