Crypto monitoring platform Whale Alert, which tracks major crypto transactions, has detected that a large amount of popular meme coin SHIB was moved less than two hours ago. Meanwhile, the Shiba Inu has become popular again among crypto traders as its trading volume spiked a few hours ago.
3.373 trillion SHIB on the move
The crypto tracker in question said an anonymous wallet moved an astonishing 3,373,256,285,484 Shiba Inu to another “unknown” address. shared. The amount of this meme coin is equivalent to $28,733,397.
🚨 🚨 3,373,256,285,484 #SHIB (28,733,397 USD) transferred from unknown wallet to unknown wallethttps://t.co/0BAXAZyUTu
— Whale Alert (@whale_alert) January 5, 2023
NEWS CONTINUES BELOW
No further data on the transfer were provided, but this was likely either a whale moving some of their crypto holdings or a crypto exchange moving coins from one wallet to another. Because the amount moved is quite large.
SHIB is back as one of the most traded cryptocurrencies
Besides, WhaleStats on-chain wallet tracker announced that Shiba Inu is back in the list of top 10 cryptocurrencies with the highest transaction volume today. Meme coin currently ranks eighth on this list. In other words, SHIB is in the top 10 among the most purchased and most actively sold cryptocurrencies.
JUST IN: $SHIB @Shibtoken is back on top 10 by trading volume among 500 biggest #ETH whales in the last 24hrs 🐳
Peep the top 100 whales here: https://t.co/tgYTpOm5ws
(and hodl $BBW to see data for the top 500!)#SHIB #whalestats #babywhale #BBW pic.twitter.com/e9KCp8HHCF
— WhaleStats (tracking crypto whales) (@WhaleStats) January 5, 2023
Also, according to the data, the popular meme coin is currently in the top 10 holdings of the 100 largest ETH wallet holders. Meme coin ranks tenth on this list with 55,597,380,454 SHIB, the average amount each whale holds. About 1.98% of the total portfolio of these huge investors is reserved for SHIB.
You can follow the current price action here.