Shiba Inu

<ul><li>Spot on Chain highlights a major SHIB whale, acquiring 323 billion SHIB in recent transactions.</li><li>The whale, who earned a $5M profit in 2021, staked and sold 167 billion SHIB during Shiba Inu&#39;s historic rally.</li><li>Shiba Inu spikes 8%, trading at $0.00002614, as market watchers await the whale&#39;s next move with new holdings.</li></ul>Renowned analytical platform Spot on Chain recently spotlighted significant activities by a major Shiba Inu (SHIB) whale. In a recent X post, the platform <a href="https://x.com/spotonchain/status/1798184990020444554" rel="noopener noreferrer nofollow">highlighted</a> that the address initially received 167 billion SHIB in April 2021, transferred from one of SHIB&#39;s earliest whale addresses.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeN_MhGIXQuM42-l7LsIq2jgfiMMT1husOIy8zU2Gj4WxH2JtCkF9I7gw0gGttH3NCitwbjTQdyujgzTM0vlPawTfp-iyUQq7mgZb62MwuJ8MD2lw0lAqONgjB7QyCCiaAWoj1XPVkKS6LoS3kTUilTtYyN?key&#61;WPlU8lQxnQjreNUc5GZjng" />In July 2021, three months after the initial reception, the whale staked all 167 billion tokens. On October 24, 2021, after another three months, the whale unstaked the tokens, securing an additional 12.9 million SHIB, and sold the entire 167.012 billion tokens the same day.Following these <a href="https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a&#61;0x9133a90d2211a497134b6d377b24d66f60751671" rel="noopener noreferrer nofollow">transactions</a>, the whale remained inactive until recently. With the bull market gaining momentum, the whale resurfaced, executing 156 transactions involving millions to billions of SHIB between 01:43 and 03:48 UTC.At the time of Spot on Chain&#39;s disclosure, the whale had acquired 149.3 billion SHIB with approximately 1,000 wrapped Ethereum (WETH) worth $3.83 million. The whale continued the buying spree, adding another 173 billion SHIB.By the end of this series of transfers, the whale had exchanged 2,188 WETH for 323 billion Shiba Inu tokens valued at $8.29 million within three hours. Currently, the whale holds 323 billion SHIB, with no distributions reported.<a href="https://cryptotale.org/shiba-inu-whale-awakens-with-massive-transactions-a-bullish-move/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Shiba Inu Whale Awakens with Massive Transactions: A Bullish Move?

CryptoTale

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