Unknown Wallets Moved over 6.08 Trillion Shiba Inu (SHIB) to Coinbase.
Etherscan.io data has revealed that three mysterious wallets have transferred a staggering 6,087,952,185,063 (6.08T) SHIB, valued at $65,445,484 ($65.44M) to a Coinbase-associated wallet tagged “Coinbase 10.” The transfers took place simultaneously about 2 hours ago from press time, and all three wallets are now left with zero SHIB.
Breakdown of Transactions:
The first wallet, 0xc4277a53cCB2470e24C2Faa5C34b0449cd3665d5, transferred an enormous 1,920,298,469,247 (1.92T) SHIB, worth $20,643,208 ($20.64M), to Coinbase 10.
Famous blockchain data tracking platform, WhaleAlert has confirmed this transaction.
? 1,920,298,469,247 #SHIB (20,514,548 USD) transferred from unknown wallet to unknown wallethttps://t.co/gA4AASFKrz
— Whale Alert (@whale_alert) April 3, 2023
Shortly after, the second wallet, 0x425900315868920d348D50d32986b9857bf3D0ae, moved an even more massive 2,247,355,246,569 (2.24T) SHIB, worth $24,159,068 ($24.15M), to Coinbase 10.
WhaleAlert took notice of this transaction as well.
? 2,247,355,246,569 #SHIB (24,008,496 USD) transferred from unknown wallet to unknown wallethttps://t.co/r50rH80kYl
— Whale Alert (@whale_alert) April 3, 2023
Finally, the third wallet, 0x30045D596C8cc947560bd003aB04b76E2E0D0BB4, also transferred 1,920,298,469,247 (1.92T) SHIB, worth $20,643,208 ($20.64M), to Coinbase 10, completing the series of large transfers.
WhaleAlert also has reported this transaction.
? 1,920,298,469,247 #SHIB (20,514,548 USD) transferred from unknown wallet to unknown wallethttps://t.co/S4DowW1zbq
— Whale Alert (@whale_alert) April 3, 2023
The reasons for these transactions remain unknown, and the identities of the wallets’ owners remain shrouded in mystery. However, these massive transfers have caused the price of Shiba Inu to drop significantly, with the canine-themed cryptocurrency trading at $0.00001074, down -4.52% over the past day. The 24-hour trading volume is $225.41M.