As Shiba progresses in its race to eliminate zeros against the US dollar, comments about Shiba coin are drawing attention. In the latest blockchain development, the transfer of 4.2 trillion Shiba Inu (SHIB) tokens between anonymous wallets sparked great interest in the community. This transaction, detected by the crypto tracker Whale Alert, occurred approximately 16 hours after a 22.21% increase in the SHIB price on Sunday, followed by a subsequent 16.55% drop.
This mysterious transfer involved sending 4,262,142,892,684 SHIB tokens from an unknown wallet to another anonymous address. At the time of the transaction, these significant Shiba Inu meme coins were valued at $43,896,875. The fact that the recipient’s wallet is currently unavailable for analysis adds an intriguing element to this significant transaction.
The event observed by Whale Alert marks the third transaction of 4.2 trillion SHIB being moved within a week. The previous transfers took place between anonymous crypto wallets on Friday, December 9, and Sunday, December 17.
The Shiba Inu community humorously speculated on the identity behind this significant transfer by examining the transaction details.
Shiba Inu experienced an increase over the weekend and showed a price rise of more than 22% on Sunday, reaching $0.00001172. However, after this increase, a significant correction occurred, and the Shiba price fell by 16.55% to $0.00000999.