The mysterious wallet transferred a staggering $29.16 Million worth of Shiba Inu (SHIB) to the unknown wallet.
The Whale Alert, an entity that tracks and reports blockchain analytics and transactions, recently conveyed that a Shiba Inu Whale that has been dormant for nearly two months has just gone active. The crypto wallet transferred a whopping 2,871,107,075,474 (2.87T) SHIB, worth $29,164,849 ($29.16M), to the newly created anonymous wallet in one significant transaction about 10 hours ago.
— Whale Alert (@whale_alert) October 12, 2022
The transferred amount is the same that the dormant whale received in her wallet on August 9th, 2022 (about 64 days ago) from another unknown wallet. Following the gigantic transfer, the dormant Shiba Inu Whale is now left with 0 SHIB balance, Etherscan.io data reports.
The news has had no immediate impact on Shiba Inu’s price. At the time of writing, Shiba Inu is seen trading at the price of $0.00001000, down -3.1% over the last day, with a 24-hour trading volume of $144,421,355 ($144.42M). Moreover, as per the data provided by CoinGecko, Shiba Inu lost -22.1% of its value in the past 30 days, -10.1% in the past 14 days, and -12.5% over the last week.