A recent report has revealed that anonymous Shiba Inu whales have been transferring a staggering amount of SHIB meme coins between their wallets over the past hour, with billions of SHIB being withdrawn from major crypto exchanges. Etherscan bots have detected fourteen transactions, totaling approximately 33 billion Shiba Inu.
Two withdrawals of 1.9 billion SHIB each were made from a KuCoin wallet to anonymous addresses. Additionally, two transfers of 2 billion and 1.8 billion Shiba Inu were made from the OKX exchange to unknown wallets, presumably following a recent purchase.
SHIB’s Community Has Responded Positively To the Imminent Launch of Shibarium
Approximately four billion SHIB were withdrawn from crypto exchanges, with the remaining 33 billion being transferred between anonymous crypto whales.
Shiba Inu, the leading meme cryptocurrency, experienced a 6.8% decrease in value over the past 24 hours. This followed a short AI-powered speech given by its lead developer, Shytoshi Kusama, at the annual blockchain conference in Toronto, Canada. Despite initially rising by 4.7%, SHIB’s value subsequently fell by 6.88%, adding a fifth zero to its price.
The meme coin is currently trading at $0.00000988, as traders have started to sell their SHIB at a high price and take their profits off the table.
Shytoshi Kusama, the lead developer of SHIB, replied to a critic on the official Telegram channel “Shibarium Tech”. A Telegram user said that many people are still skeptical about SHIB. To that, Shytoshi responded:
“I’m not here to convince anyone, I’m here to change the world.” Shytoshi also released an approximate “program” of SHIB’s part in the Blockchain Futurist Conference, where he had given his speech via an AI bot.
He wrote in a Telegram message, “I’m talking then big reveal, then there’s a short movie, then more discussions. then a few more, a tour of MV, quick announcement and reveal, then reveal, announcement, and a thank you enjoy the party.”
The event being referred to is a beach party that will be fully sponsored by SHIB. It will feature games, food, drinks, and socializing, providing an excellent opportunity for networking among the SHIB army. Yesterday, a tweet promised a surprise for today, which many in the SHIB army interpreted as a hint that Shibarium would be launched today.