One wallet has accumulated approximately $176 million in SHIB after its most recent transactions, making it the fifth largest Shiba whale.
While talking about whether the memecoin frenzy is over or not, the network activity of a wallet became the agenda. A millionaire wallet, which he realized the other day 4 different processes As a result, it became the fifth largest Shiba whale. In the hand of the wallet, 20 trillion SHIBexists.
Moreover lookonchain, this wallet is also the fifth largest dogecoinHe inflamed the controversy by claiming that he was a whale.
SHIB Whale Moving, Claims Strong
lookonchainAnd Whale Alert , recently revealed a new SHIB whale. Another wallet sent 20 trillion SHIB in four different transactions to a wallet that did not previously hold SHIB. This process has been talked about a lot on social media.
🚨 🚨 5,000,000,000,000 #SHIB (43,609,999 USD) transferred from unknown wallet to unknown wallethttps://t.co/CIGToDoUSk
— Whale Alert (@whale_alert) May 16, 2023
Whale Alert , while reporting four different transactions, the discussions that this was a preparation for something drew attention in the comments. Immediately after lookonchain , examined this wallet. data monitor lookonchain, the largest SHIBclaimed that this wallet with a whale is also the fifth largest DOGE whale.
1/ Sharing some interesting findings on $SHIB and $DOGE.
The 5th holder of $SHIB and the 5th holder of $DOGE seem to be the same person, either Jump Trading or a partner of Jump Trading.
Holding 20T $SHIB($176M) and 3.4B $DOGE($248M). pic.twitter.com/6DRz7RG3Yh
— Lookonchain (@lookonchain) May 17, 2023
Lookonchain said that the owner of these wallets is Jump Crypto or a trading partner of Jump Crypto. According to the data monitor organization’s claim, DOGE and SHIB transfers took place at the same time and in the same number of transactions. With these transfers, two new wallets got whale status.
Also, the wallet, which is the fifth largest Shiba whale holding 20 trillion SHIB, has been observed to be approximately $173 million. Shiba is thought to own 2 percent. The fact that this wallet is a new wallet has become the focus of discussions.