An anonymous whale has transferred a staggering $1.4 million worth of SHIB. However, the tokens did not go to the buyer’s cold wallet…
Mysterious whale moves 114.9 billion SHIB tokens
Less than an hour ago, the Shibaplay Twitter account shared a link from etherscan to show that a mysterious whale is transmitting a dazzling 114.9 billion Shiba Inu. The sending address now has zero Shiba Inu as the SHIB balance is completely drained.
Nearly 115 billion SHIB in action
Etherscan shows that 114,952,894,138 tokens have been transferred between wallets. The sender’s wallet balance is now zero. The recipient’s address is fully populated with the Shiba Inu that came with this transaction. So far 14,952,894,138 Shiba Inu have been sent to a Binance wallet. Currently there are only 0.0000005 Shiba Inu at the address.
User sent all SHIB tokens to Binance about 1 hour ago. This transaction isn’t the only Shiba Inu stash sent to the world’s largest exchange. Three more addresses sent a total of 272 million SHIB to the same Binance wallet.
Amazon eliminates nearly 3 billion SHIBs
The @shib_superstore Twitter account, run by smartphone game maker Travis Johnson, has released a new post about the start of the 11th month of SHIB token demolitions. Johnson has been running the Shiba burning campaign since November last year. So far, Twitter has sent a total of 2,794,881,641 to dead wallets, according to data in its bio.
Earlier this year, she signed up for an Amazon affiliate program and started using the profits from commission fees to buy and burn more Shiba Inu. According to one of Johnson’s earlier tweets, the Amazon tool has proven to be a “sustainable log burner.”
Shiba Inu burn rate decreased by 70%
The tracker of Shib burnings named Shibburn announced that in the last 24 hours various members of the SHIB community have managed to destroy a total of 130,695,987 tokens. However, this amount of Shiba is less than what was burned the previous day. This fact reduced the overall SHIB burn rate by 69.59%, according to the token burn tracker website.
Generally, big investors known as whales now prefer to hold on to their SHIBs rather than sell tokens. According to wallet tracker WhaleStats, the top 100 whales on Ethereum currently value 12,015,673,898,858 Shiba Inu at $147,312,162.
SHIB price analysis
cryptocoin.comAs you follow, the Shiba Inu is currently trading at $0.0000120. It gained 3.2% compared to yesterday. Evaluating the latest news in the market, Shiba is chasing opportunities to participate in the top 10 cryptocurrencies. The Shiba Inu is trading in 14th place by market capitalization as of September.
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