An unknown large Shiba Inu ($SHIB) investor has broken a month-long pause by withdrawing 400 billion $SHIB tokens from the Gnosis Safe Proxy smart contract (0xD13).
According to data from Arkham Intelligence, the transfer instantly turned the transit address "0xf9905...f64f5", which previously held only negligible balances of third-party tokens, into a large operational wallet with a balance of $1.89 million, the current estimated value of the unknown investor's new $SHIB reserves.
A one-time withdrawal of funds from the corporate multisig infrastructure of Gnosis Safe to a fresh external address changes the logic of asset ownership. In the on-chain practice of the crypto market, such an action is rarely taken for passive holding, since the coins are moved from a secure storage setup with distributed approvals to a wallet controlled by a single private key.
u.today