Shiba Inu (SHIB), one of the most popular meme tokens, may face selling pressure. Whales transferred more than 2.2 trillion SHIB to exchanges.
Etherscan data provided by More than 2.2 trillion SHIBs It was transferred to the stock markets with a total of 5 different transactions. This amount is approximately 82 million units directly To Coinbase, 81 million if to OKX transferred. These transactions made investors nervous with the fear of a possible sale.
A similar movement was seen at the beginning of December. One of the biggest SHIB whales was on Coinbase at the time. 1 trillion SHIB transferred and put downward pressure on the price.
On the other hand, working to reduce the supply of SHIB “burning mechanismThings are not going well for ”, either. SHIB burn rate in the last 24 hours, according to data provider Shibburn 95% fell. In the past short term, the joint efforts of the SHIB community have only up to 2,000,000 made possible the burning of a small amount of assets. This is the % burn rate compared to the previous 24 hours.more than 95 It means falling.
Despite all this manipulative data, the Shiba Inu price does not seem to be badly affected. CoinGecko According to data, the popular meme cryptocurrency has only been in the last 24 hours. %one lost value and 0.00000914 from dollars traded in the markets.
According to commentators, billions transferred to exchanges Although SHIB the long-awaited reason for the price to protect itself Layer-2 (L2) ecosystem solution to the shibarium details may emerge.
Recently, Kusama, the lead developer of Shiba Inu, posted to the description of his Twitter account, “The Twelve Days of Christmasadded phrases for the song ”. This is the community finally shibarium or of shibarium revealed a speculation that he may be pointing to a timeline in which he will receive important news about himself.
If this message by Kusama is a code pointing to the date in question, the community 25-26 DecemberYou can get the news of an important development in .