Wallets that normally do not receive many transactions won 612.3 billion S.C. in one transfer. That's about $9.83 million on the move. The token was sent to deal with “0x72”. This has become a greater Shib balance, along with other tokens like Pepe and Dai. The total wallet value is approximately $21.5 million.
Looking at the funding flow, we can see that Shiba Inu (Shib) comes from “0xad74”. That wallet previously got a token from “0xbf9”. So the token moved from exchange, passed through two addresses and became its current location.
This was not a sudden movement. Inbound wallets have grown a little over the past few months. Previous transactions show a stable influx of Shiv, as well as a large amount of Pepe and nearly 5 million dies.
There are no Shiv transfers from the wallet yet. This suggests that it is more like a long-term holding strategy than a short-term trading move.
How these funds have moved – from exchanges, you go through the middle wallet and enter a rather quiet holding address, but that appears to be part of a larger accumulation strategy. The activity does not suggest a quick flip or speculative movement. The wallet owner appears to be moving slowly over time.
Shiba Inu often sees high speed and large volumes of trade, but this kind of slow and quiet accumulation is worth watching, especially if it comes from a wallet holding one of the big Shib stacks in the chain.
