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Shiba Inu: October's Largest Whale Buys ~4 Trillion Tokens Worth $43 Million

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A mysterious and unidentified Shiba Inu whale purchased nearly 4 trillion SHIB tokens worth a staggering $50 million on Thursday. The transaction can be called the biggest whale transfer recorded in October 2022 for SHIB. The anonymous address picked up 3,914,263,607,418 Shiba Inu tokens for $42,704,615. You can go through the enormous SHIB transaction details from Etherecan.io here. Also Read: $1,000 Investment in Shiba Inu Turns Into $19 Million in October 2022 Source: Etherscan.io The identity of the whale remains to be a mystery and the reason for the large purchase is unknown. It is not known if the whale is taking an early entry position before the Shibarium documentation release. Source: Etherscan.io The ETH-rich list has been splurging on Shiba Inu since mid-2021, and the trend didn’t slow down even during the bear markets this year. Both whales and retail investors alike believe SHIB can deliver the desired financial results in the long run. This blind fait...