Krutika Adani
A mysterious user has transferred 270 Billion Shiba Inu tokens (worth over $3.51 million) from an exchange to a wallet that is likely to be cold storage.
The user has taken the SHIB off a centralized exchange, and the transaction might have been a major investment in Shiba Inu.
Shiba Inu has a high whale percentage; this transaction could be one of several such investments.
The price of Shiba Inu has been highly bullish in the current markets despite the overall bearishness in other cryptocurrencies.
If the US Fed cuts interest rates above 0.25%, it may trigger an alt season. The chances of Shiba Inu crossing 0.0001 in such an alt season are very high.