Shiba Inu's lead developer, Shytoshi Kusama, has returned to social media platform X after an 84-day hiatus, coinciding with a notable increase in large-scale SHIB transactions. On-chain data reveals 406 SHIB transfers exceeding $100,000, marking the highest activity since June 6. Kusama's return comes as he shifts focus to AI and crypto news projects aimed at enhancing the Shiba Inu ecosystem. His updated X location to "reemerging" has sparked speculation among the community.
Additionally, analytics firm Santiment reported a significant inflow of 1.06 trillion SHIB to exchanges, suggesting potential price volatility in the near future. This influx of SHIB tokens could indicate strategic moves by large holders, commonly referred to as whales, potentially impacting the market dynamics for Shiba Inu.
Shiba Inu Developer Kusama Reemerges Amid Surge in Whale Activity
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