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Singaporean Whale Absorbs 258,545,909,814 SHIB in Just One Transfer
A significant transaction has occurred on the Ethereum blockchain, with a massive transfer of Shiba Inu (SHIB) coins to an external address. The astonishingly large sum of 258,545,909,814 SHIB has been absorbed by a Singaporean whale, worth approximately $3.56 million at current prices.
According to blockchain data, this substantial amount of SHIB was sent from Coinhako’s hot wallet to the unlabelled destination address “0x25E”. This recipient address now holds a staggering 4.08 million SHIB, highlighting its significant presence in the market.
The transfer’s timing and magnitude suggest that it is not an impulsive action by a casual user but rather a well-planned move by either an informed whale or Coinhako itself managing cold wallet rotations.
Source: u.today
