SACHSTOSHI
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A Shiba Inu whale that holds 10% of the total supply, which has had a significant impact on the Shiba Inu community. The whale, who had been inactive for 157 days, has reemerged and made unprecedented transactions. Within 24 hours, the whale distributed a staggering 4 trillion ship tokens, equivalent to $30 million, across nine different wallets. This diversification of holdings is aimed at ensuring security within the decentralized ecosystem.
On-chain experts have taken notice of this whale, identified by their address ending in ox140, as they are likely the largest holder of Shiba Inu tokens, with holdings worth a remarkable $756 million. The whale is also known to have 23 wallets where their ship tokens are distributed. The whale's involvement in the Shiba Inu ecosystem dates back to its early days, and during the Shiba price pump in 2021, strategic moves resulted in significant profits.
The recent flurry of activity by the whale has raised speculation among the Shiba Inu community. However, the speaker believes that the whale's actions are not related to selling their tokens. Instead, they are likely moving their tokens to decentralized wallets as a security measure. This approach ensures that their holdings are protected, and even if one wallet is compromised, they won't lose all of their Shiba Inu tokens.
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SQUIDGROW WEBSITE
On-chain experts have taken notice of this whale, identified by their address ending in ox140, as they are likely the largest holder of Shiba Inu tokens, with holdings worth a remarkable $756 million. The whale is also known to have 23 wallets where their ship tokens are distributed. The whale's involvement in the Shiba Inu ecosystem dates back to its early days, and during the Shiba price pump in 2021, strategic moves resulted in significant profits.
The recent flurry of activity by the whale has raised speculation among the Shiba Inu community. However, the speaker believes that the whale's actions are not related to selling their tokens. Instead, they are likely moving their tokens to decentralized wallets as a security measure. This approach ensures that their holdings are protected, and even if one wallet is compromised, they won't lose all of their Shiba Inu tokens.
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SQUIDGROW WEBSITE
