Whale Alert, a cryptocurrency tracking website, has discovered transfer of 4.4 trillion SHIB meme coins made from Bitvavo, an Amsterdam-based cryptocurrency exchange, to an unidentified wallet.
The transaction occurred a few days after the lead developer of the Shiba Inu development team, Shytoshi Kusama, who goes by the moniker Shytoshi, addressed the SHIB army on social media and issued a dire warning.
A total of 4,454,530,677,374 Shiba Inu, or meme coins valued at an astounding $34,314,122, were transmitted by the unidentified whale. Later on, Whale Alert released information about the transaction, claiming that it was an internal transfer of this cryptocurrency trading platform because the recipient wallet is likewise owned by Bitvavo.
Bitvavo has carried out several of these big SHIB transactions in the last two months to rearrange its cryptocurrency balances. More than 4.3 trillion Shiba Inu have also been transferred using anonymous whale digital wallets, according to Whale Alert.
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