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The mysterious wallet transferred an astounding $1.25 Million worth of Shiba Inu (SHIB) to the brand-new Shib Whale in a single transaction.

Etherscan.io data reports that the mysterious wallet transferred a whopping 138,364,817,402 (138.36B) SHIB, worth $1,246,667 ($1.24M) to the brand new wallet in one significant transaction. The transaction is executed about 8 hours ago from now.

Shiba Inu Whale Accumulated 1.24 Million Worth of SHIB in the Past 24 Hours
Shiba Inu Whale Accumulated 1.24 Million Worth of SHIB in the Past 24 Hours

The Whale’s interest in the world’s 14th largest cryptocurrency in terms of market cap continues to soar in recent days as Shiba Inu’s official Twitter handle confirmed the presence of the lead SHIB Metaverse advisor at the upcoming Immerse Global Summit on December 5th – 7th at Fontainebleau Hotel Miami, Florida. She is reported to discuss the development of SHIB Metaverse and how it will help the Shiba Inu Ecosystem to grow alongside major industry players, including Meta Platforms, Inc. (Meta), Microsoft (MSFT), web3equity, and TerraZero.

As reported by TheCryptoBasic World Economic Forum is seeking Shiba Inu Team support on global metaverse policy.

On the other hand, Shiba Inu Community continues to reduce the total circulating supply of SHIB at a rapid pace. In the past 24 hours, Shiba Inu Community has successfully removed 22,028,239 (22.02M) SHIB from circulation forever through 11 separate transactions.

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