4.4 Trillion SHIB Shoveled by Anon Whales as Price Begins to Increase
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Yuri Molchan Trillions of Shiba Inu transferred as SHIB price prints rise overnight Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. More than 15 hours ago, Whale Alert crypto tracker, which traces large crypto transfers made by whales and exchanges, detected a massive SHIB amount moved by a crypto wallet. The transaction was conducted between wallets tagged by the blockchain tracker as “unknown,” and it carries several trillion Shiba Inu meme coins. Over the weekend, the SHIB price demonstrated a series of upward movements. 4.4 trillion SHIB on move, new whale is born According to the X post published by the aforementioned tracker, one anonymous wallet sent a total of 4,439,530,677,374 SHIB to another wallet. This amount of SHIB meme coins is evaluated at $35,824,792. Notably, the transaction landed in a brand new wallet (with only two transfers performed around 12 hours ago), so with these trillions of SHIB reaching this fresh blockchain address, a new Shiba Inu whale has been born. This transfer was likely a sale or a crypto whale splitting their SHIB trillions between several wallets that belong to the same owner. Several similar chunks of SHIB were moved by anonymous whales last week, according to earlier reports by Whale Alert. Some of those 4.3-trillion-SHIB lumps were bought on Amsterdam-based exchange Bitvavo and then withdrawn to self-custody wallets. According to data shared…
Filed under: News - @ November 7, 2023 2:20 am