How a Dormant Canine Currency Caused a Ripple – Or a Tsunami? 😉

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In a manner most surprising-indeed, a most unseemly rĂ©veil of two formerly inert Ethereum addresses-an affair of considerable interest has transpired in the world of crypto. These addresses, ostensibly linked to the same Shiba Inu (SHIB) whale, have at last decided to stir after nearly two years of utmost silence. And what, pray, was the result of this conspicuous revival? A staggering sum of 933,290,251,691 SHIB, which, I dare say, could make a modest fortune-or a rather large one, depending on one’s disposition.

The wallets, nicknamed “0x58797” and “0x00a63”-which, I concede, sound like the product of an especially tedious cipher-initially received their bounty from the same generous hand, only to lie in wait, like a fox in the henhouse, until a single day’s activity summoned them back to life and dispatched their treasure toward the illustrious offshore exchange, OKX. One might suspect, with a tinge of skepticism-and perhaps with a pinch of admiration-that much ambition resides behind this sudden burst. 😉

It bears mentioning that these very wallets, in their youthful days, received their enormous loads of SHIB from one source-round about the same period-distributing nearly equal shares, as if a pair of siblings had been left a sizeable inheritance, each hoarding away the legacy for some future day. The amounts, approximately 468.989 billion and 464.31 billion SHIB, amounting in total to the entire billions, suggest careful planning-or perhaps just an extraordinary coincidence. đŸ€”

Before embarking on their grand exit, these addresses even indulged in the quaint custom of topping up modest quantities of ETH-a so-called “gas station” refueling-perhaps as a gentle reminder that their owner had indeed awakened and was prepared to meet the fees, or simply signaling a desire to execute some final manoeuvres with a flourish. Such a gesture might be deemed as the wallet’s subtle hint that its days of dormancy are, at last, over.

Is a sell-off the only possible consequence of such a grand awakening?

Oh, the drama! The narrative is clear-transfers to OKX, a swirl of transactions documented in Arkham’s logs, and what appears to be concerted shuffling, all typical signs of selling, collateral adjustments, or-dare I suggest-a strategic reshuffling on the exchange itself. The coins, for the time being, are as likely to be sold as a cat is to chase a laser pointer, with all the attendant risks and hopes that such behavior entails.

And as for the price? Well, SHIB currently trades at a modest $0.00000742-an almost laughable figure, yet one that could, with enough patience-or impatience-slide further down to perhaps $0.00000678. A fresh deposit, at these levels, might tempt the market into a downward spiral, unless, of course, the buyers step in with the resolve of a determined fox. A bounce, meanwhile, remains suspect until that OKX money flow ceases-like a final act in a rather peculiar comedy, but one with significant stakes.

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2025-12-18 17:39