Shiba Inu Lead Dev Reacts To Wild Development On Coinbase Involving $35 Million In SHIB

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Shiba Inu community was jolted by an unexpected surge of whale activity this week, involving a staggering $35 million worth of SHIB. The large-scale whale movement not only caught the community’s attention but also prompted a rare public reaction from Shiba Inu’s lead developer, Shytoshi Kusama . After months of silence, Shytoshi has seemingly resurfaced to acknowledge the massive transfer. Shiba Inu Lead Dev Breaks Silence After Massive Whale Move After over three months of silence, Kusama reappeared on X as the Shiba Inu community reacted to a substantial whale movement . His return followed a repost by World Blockchain Capital about the unusually large transfer of 4,136,208,073,220 SHIB from the crypto exchange Coinbase to a private key wallet. Related Reading Shiba Inu Lead Dev Reacts To Wild Development On Coinbase Involving $35 Million In SHIB Just now World Blockchain Capital tagged several members of the Shiba Inu community in the transaction, urging them to take note and highlighting how rare such a move has been recently. The transaction was first identified by market analyst Del Crxpto, who reported that the more than 4 trillion SHIB transfer was worth about $35 million. Typically, when tokens are removed from exchanges and moved to a private wallet address, it often signals strategic accumulation or long-term holding by major investors rather than immediate trading activity. In this case, the size of the transaction ignited bullish sentiment from market watchers, especially in a period where the price is experiencing significant volatility and choppy action . Excluding the shock of the transfer, what really caught the interest of the community was Kusama’s unexpected reappearance. The lead developer had previously explained in an earlier post that his reduced visibility was due to a shift in focus toward other new projects. At the time, he disclosed a new interest in Artificial Intelligence (AI) initiatives aimed at advancing the ecosystem. Kusama emphasized that, despite exploring new directions, he continues to work with SHIB developers , including Kaal Dhairya and others, to shape Shiba Inu’s next phase. Analyst Eyes $0.0002 SHIB As Whales Return A new report by market analyst ‘SHIB Crack’ on X reveals that the price of Shiba Inu is showing signs of a massive breakout amid rising market activity. Currently, the SHIB price is in a downtrend , dropping by more than 6% this week and over 16% in the past month. Related Reading Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers 4 weeks ago Despite this severe downturn, SHIB Crack believes that the cryptocurrency is gearing up for a massive rise $0.00002. At the time of writing, the meme coin is trading at $0.0000082, meaning a surge to the analyst’s projected target would require a gain of over 142% SHIB Crack has attributed his bullish forecast to the recent sharp surge in whale activity . According to the post on X, SHIB whales have reemerged and are silently accumulating tokens, signaling confidence in the token’s potential to rally. SHIB trading at $0.0000082 on the 1D chart | Source: SHIBUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com