HomeCrypto NewsMarketNew Wallet Adds 4.59 Trillion Shiba Inu As Kusama Says 'There's Lots Coming'

New Wallet Adds 4.59 Trillion Shiba Inu As Kusama Says ‘There’s Lots Coming’

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A brand-new Shiba Inu (SHIB) Whale emerges with a $48 million purchase ahead of the highly anticipated Shibarium Mainnet launch.

Etherscan.io, a block explorer and crypto analysis platform, has revealed the birth of a mighty SHIB Whale. This newly surfaced bought 4,599,850,345,603 (4.59 trillion) SHIB tokens, valued at $48,252,430 ($48.25 million), from an unknown wallet. The massive accumulation occurred in a single transaction executed precisely at 03:24:23 PM +UTC on August 13th.

New Whale Accumulated 459 Trillion SHIB
New Whale Accumulated 459 Trillion SHIB

This colossal move has catapulted the mysterious investor into the ranks of the top SHIB holders, claiming the 25th spot on the list.

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The development comes ahead of the launch of the highly anticipated Shibarium Mainnet. Meanwhile, the team didn’t reveal the exact launch date, but there are speculations that the grand release might occur at the upcoming Blockchain Futurist Conference 2023. The event, sponsored by Shiba Inu, will begin this week on Tuesday, August 15th.

In the recent telegram chat, Shytoshi Kusama, the lead developer of SHIB, spilled the beans on an upcoming revelation. The suspense builds as Kusama hints at unveiling a new utility for the Shiba Inu exclusive token, Doge Killer (LEASH), on Wednesday. This novel utility is poised to bestow LEASH with a pivotal role within the thriving Shiba Inu Ecosystem.

LEASH Utility
LEASH Utility

Notably, Kusama hinted that this revelation is merely the tip of the iceberg, with an avalanche of surprises poised to follow suit. This has left Shiba Inu Community on the edge of their seats.

Shytoshi Kusama Telegram Chat
Shytoshi Kusama Telegram Chat

As reported earlier by The Crypto Basic, Shytoshi Kusama has confirmed that the team is procession three new partnerships and will soon introduce them to the Community.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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