New Whale acquired 237.8 billion SHIB after developing the Shiba Inu flagship project.

According to the data shared by Etherscan, more than a day ago, a recently created cryptocurrency wallet purchased several hundred billion SHIB meme coins.

The whale possesses 237.8 billion sheep.

The transaction was made from an anonymous wallet which may indicate an OTC purchase or a whale distributing its cryptocurrency stash among smaller blockchain addresses.

A total of 237,868,630,126 SHIB were transferred to the above wallet. This cryptocurrency meme is valued at $6,290,435 at the time of writing.

The purchase was made after the SHIB team made a major announcement of securing a $12 million investment to develop a Layer 3 solution on top of Shibarium. Meanwhile, the SHIB leader explained what his recent several trips around the world have been all about.

Chitoshi Kusama explains his recent mysterious travels.

In a recent tweet, the SHIB project leader known under the pseudonym Shytoshi Kusama suddenly shared why he changed his X/Twitter handle several times earlier this year.

He has traveled to Japan, Hong Kong, Puerto Rico and several cities in the United States, including New York, as well as Hong Kong, Dubai and the Maldives. The SHIB community tracked all of these site changes on Kusama's official X/Twitter handle,