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Singaporean Whale Absorbs 258,545,909,814 SHIB in Just One Transfer
A massive transaction has taken place on the Ethereum blockchain as a significant whale investor in Singapore absorbed an enormous amount of Shiba Inu (SHIB) tokens. This unprecedented transfer is worth approximately $3.56 million and consisted of 258,545,909,814 SHIB tokens.
The transaction was recorded roughly seven hours ago and shows the sender’s hot wallet transferring the massive amount to an external address, “0x25E.” The receiving wallet now holds nearly $4.08 million in SHIB alone, making it a significant player in the Shiba Inu market.
According to on-chain data, there are two possible scenarios: either this is a Singapore-based high-net-worth individual utilizing Coinhako for custody and accumulation purposes or Coinhako itself reorganizing funds internally across operational wallets.
Source: u.today
