🚀Attention BTC enthusiasts! A whopping 4.6 trillion Shiba Inu Tokens (SHIB) worth around $35.7 million were recently transferred from Bitvavo to an unidentified wallet, as reported by Whale Alert.🐳
🔍The recipient wallet appears to be newly minted with no transaction history. While Bitvavo is known to store crypto tokens in unknown wallets, this massive transfer has raised eyebrows. Currently, the only known Bitvavo wallet holding SHIB has about 250 million tokens valued at $1.93 million.💼
🤔Interestingly, the transferred SHIB hasn't been liquidated via exchanges yet, leading to speculations that Bitvavo might be moving assets for storage into an unknown destination.🔐
📊@Loch_Chain analyzed the transfer and noted that the Uniswap v3 SHIB-WETH pool, offering a 91% yield, is probably the only TVL pool where such a huge sum of SHIB can earn yield. However, the pool only has a TVL of $1.2 million, meaning the $35.7 million SHIB isn't there.🧐
🔬Analysts are closely monitoring the mysterious address and any potential moves that could impact the SHIB token. Stay tuned for updates!📡