An anonymous whale wallet has accumulated a staggering 1.75 trillion Shiba Inu tokens (SHIB), marking a substantial investment worth over $39 million.
This significant acquisition, executed through two rapid transfers, underscores the whale’s active engagement and substantial influence in the SHIB market despite the token’s recent price decline and market volatility.
On May 1, within the span of just one minute, the anonymous wallet orchestrated two transfers, each moving 875 billion SHIB tokens from Robinhood to its holdings.