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CryptoIntelligence 2024-04-24 22:59:13

SHIB Cryptocurrency Sees Major Whale Purchase and Expansion with Upcoming Layer-3 Blockchain Development

Recently, a newly established cryptocurrency wallet engaged in a significant transaction involving the SHIB meme coin. According to data from Etherscan, this anonymous wallet acquired 237.8 billion SHIB, totaling $6,290,435 in value at the time of the transaction. This large-scale purchase, indicative of either an over-the-counter (OTC) deal or a redistribution of assets by a major holder, took place shortly after the SHIB team announced securing $12 million for the development of a layer-3 solution atop Shibarium. The timing of this purchase coincides with SHIB project lead Shytoshi Kusama’s revelations about his extensive international travel. In a tweet, Kusama, operating

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