Arkham Detects a Surprising Transaction Series of $5.2 Trillion in Shiba

Crypto intelligence company Arkham recently discovered a surprising transaction series worth $5.2 trillion in Shiba Inu (SHIB) tokens. The funds, valued at approximately $3 million per transaction, were transferred from a whale wallet address to various anonymous wallet addresses, with some of these addresses receiving SHIB for the first time. Shiba Inu Whale Preparing for a Strategic Move This massive transaction series for Shiba Inu has gained significant attention, especially considering that it occurred during a relatively low volatility period for the second-largest memecoin. The fact that the wallet address conducting the transactions does not appear to be a cryptocurrency exchange makes the situation even more intriguing. A look at the previous transactions conducted by the wallet address reveals that it received funds from various sources, including bulk transfer services, Coinbase exchange wallets, and popular NFT marketplace OpenSea. While the transfer of such large amounts of SHIB to different wallet […] The post Arkham Detects a Surprising Transaction Series of $5.2 Trillion in Shiba appeared first on COINTURK NEWS.