WhaleStats reported an unusual transaction yesterday where a mysterious and unidentified whale purchased a whopping 3.2 trillion Shiba Inu tokens. The anonymous whale picked up the humongous amounts of SHIB by paying a staggering $125 million. However, speculations are rife that the whale could be Squid Game creators and are moving funds in Shiba Inu after scamming people.
The whale in question picked Shiba Inu in three different transactions which overall added to 3.2 trillion tokens. Moreover, following the history of the wallets’ transactions- the whale has entered many wallets. Most importantly, the first wallet it leaves is a Squid Game wallet.
A Twitter user named SHIBArmy was the first to come up with the findings and alleged the whale is Squid Game scamsters.
“Wormhole findings lol. Is the 3 trillion SHIB whale actually the Squid Game creators that scammed people. I followed the transactions it goes through so many wallets but the very first wallet it leave is a Squid Game wallet. Think we may have a manipulator. #SHIBArmy $SHIB,” the tweet read.
Crypto and stock market analyst Del Crxpto called the development “sickening” and labeled the Squid Game creators as “scum”.
“And they said crime doesn’t pay. Sickening. Like anything else, regulation will come with positives and negatives. Many positives will be targeted at this scum,” he tweeted.
Considering that the crypto market is unregulated, there is no way to confirm that the whale is indeed the Squid Game scamsters. Regulating the market can bring light on the identity of the whales and answer questions on the movements of their funds.
If the whale is indeed the Squid Game scamsters, they need to be taken to task and jailed for their crime. Only then would innocent investors who were robbed off their money will get justice.
Shiba Inu Whales
Whale movements in Shiba Inu increased since the last week of July and there’s news of them buying every day. Shiba Inu is among the most-sought after token among the top 1000 ETH rich list. While the Shiba Inu community welcomes’ whales with open arms, the community will not accept scamsters joining the bandwagon.
Scamsters need to be called out for their fraudulent activities with constant reminders that the community is watching their moves. They could have escaped today, but the curse of the investors’ community will not let them sleep peacefully at night.
The curse of scamming innocent people of their hard-earned money will make scamsters live a life of guilt and fear. Nonetheless, if the 3.2 trillion whale is indeed the Squid Game developers, justice must be done.
At the time of publishing, Shiba Inu was trading at $0.00003657 and is down -0.05% in the 24-hours day trade.