Not much happens on the cryptocurrency market, in particular with the price of Shiba Inu (Shib) Token, lately. It has been a week since the largest event to liquidate the history of the digital asset market, and the price of the salter seems to be blocked in a tight range between $ 0.000017 and 0.00001475, neither increase nor test the stockings local.
However, the lack of action on the price table does not mean that nothing happens at all, because most of the activity takes place “behind the scenes”, in the chain field.
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Thus, as we have become known thanks to the data of Arkham IntelligenceThe unknown portfolio behind the address “0xb7e09” withdrew nearly 151.61 billion of the main American cryptocurrency, Coinbase, in the last five days. This colossal amount of coins is worth around 2.41 million dollars at the price of today’s study session.
What do we know in Wallet?
Well, not much, because it has no history before this activity with the Shiba Inu token. More specifically, all withdrawals were made from the Coinbase address in question. This fact may indicate that the address belongs to the exchange itself.
In this case, mysterious activity may be nothing more than the internal operations of the platform. However, if not, the market is witness to an act of massive SHIB accumulation by a major investor.
Related
The activity is so remarkable that this address has become one of the largest in terms of Shibiba Inu exchanges of exchanges in the last 24 hours. What happens to Salogner There remains an open question, but at least we know the intentions of this particular cryptocurrency whale. And they seem to be on the bullish side.