In three transactions, more than 280 billion Shiba Inu were transferred by these unidentified whales . Etherscan data shared by
@shibaplay_ Twitter user shows that more than 281 billion Shiba Inu tokens were transferred to anonymous wallets in the past 24 hours.
Prior to this, 115 billion SHIB was sold off last Friday.
These wallets transferred 281 billion SHIB
The aforementioned Twitter users reported three transfers of 120,670,363,906,83,341,872,681 and 77,950,331,254 Shiba Inu.
wallet Oxee4c8c3ac157eb287e8b385820f190b466 was the destination for the first (and largest of the three) transaction completed over 13 hours ago. So far, the password is still at this address.
However, the same cannot be said for the wallets that received 83.3 million SHIB and 77.9 million SHIB. Both wallets gave away the tokens and now there is no SHIB left. The wallet
received 83,341,872,681 SHIB, then transferred it to another wallet (or possibly sold it), and subsequently received three more chunks of the meme token, 243,639,085, 269,636,464, and 269,490,967 Shiba Inu.
All three SHIB payments were immediately sent to other addresses.
As the price of the second-largest meme coin fluctuates, whale users make profits by buying SHIB when the price drops and selling when the price rises.
Whale sold 115 billion SHIB on Binance
A mysterious whale sent a total of 114,952,894,138 SHIB to a wallet ending in -7ebc. This large chunk of SHIB is then sent to the Binance wallet, where it will most likely be sold.
At the time, the SHIB assets were valued at approximately $1.4 million.
According to etherscan, three other wallets also sent a large number of Shiba Inu to the same Binance wallet at the same time.
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