Shiba Inu Lead Dev Responds to $35 Million SHIB Whale Movement

The Shiba Inu community witnessed a significant whale activity involving $35 million worth of SHIB. This led to the reappearance of lead developer Shytoshi Kusama after months of silence.

  • 4,136,208,073,220 SHIB were moved from Coinbase to a private wallet, signaling potential long-term holding by major investors.
  • Kusama's return followed this event, as he had been focusing on new projects, including AI initiatives, while still collaborating with SHIB developers.
  • Market analyst ‘SHIB Crack’ suggests a possible breakout for SHIB, despite its current downtrend, predicting a rise to $0.00002, which would require a 142% increase from its current price of $0.0000082.
  • The increased whale activity is seen as a sign of confidence in SHIB's potential rally.