A record-breaking amount of SHIB has flowed from the wallet of an anonymous whale to cryptocurrency exchange Crypto.com. During trading, the Shiba Inu price was slightly lower.
$1.7 million worth of Shiba Inu pours into the stock market, here’s why
During the day, a staggering 150,000,000 SHIB transfers took place from an anonymous wallet. Details of this massive SHIB transaction are emerging with data from Etherscan. Just hours ago, another major Shiba Inu transfer took place. This time, the transaction was 73,084,292,466 SHIB, halfway through the first.
Whales are currently moving 150 billion SHIB. They have sold almost 1 trillion units. According to the data, we see that a large amount of Shiba has been transferred from an anonymous wallet to an address on the Crypto.com exchange for sale. The recipient’s address still holds 23.9 trillion Shiba Inu. This means $266,444,027 in fiat terms.
According to Etherscan, this whale transferred several huge stacks of SHIB to Crypto.com last month, including 160,000,000,000,000, 160,000,000,000,000, 200,000,000, 150,000,000, and 160,000,000,000 Shiba Inu. As can be seen from the transaction records above, a total of 830 billion Shiba Inu have been transferred. With the 150,000,000,000 transactions of the day, there is a total transfer of 980 billion Shiba Inu. $73 billion of this was invested in the Uniswap pool.
SHIB remains popular with whales
According to data from WhaleStats, the second largest meme token by market cap still holds the position of the largest token by dollar value. The top 100 whales on Ethereum are currently holding $135,337,214 Shiba. Thus, 5.4% of the whales’ portfolios are Shiba.
cryptocoin.comAs you follow, the meme token is currently trading at $0.000011.
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