Biggest on Tuesday shiba inu whale has accumulated an additional 1.5 trillion SHIB tokens from crypto exchanges Binance and Coinbase.
This move came as whales and investors started accumulating SHIB after the recent crypto market crash. SHIB price has risen over 3% in the last 24 hours.
Whale Accumulating 1.5 Trillion Shiba Inu (SHIB) Coins
Whale Alert received 1,047,480,969,141 SHIB ($6.97 million) from Jump Trading with wallet address “0x2eFB” on June 13 reported. The wallet address also received 483,923,234,473 SHIB ($3.25 million) from the wallet address “0x66E0”. “0x2eFB” still holds 5.75 trillion SHIB.
Etherscan data shows that “0x2eFB” transferred 1.5 trillion SHIB worth $10.09 million to wallet address “0x73AF” a few hours later. The wallet address is known to transfer SHIB to the largest non-exchange wallet address “0x40B3”. “0x73AF” still holds 5.28 trillion SHIB.
Lookonchain shared that “0x40B3”, the largest owner of Shiba Inu, has amassed 1.5 trillion SHIB ($10 million) from Binance and Coinbase. Interestingly, “0x40B3” received 20 trillion SHIB from “0x73AF” on May 16.
Meanwhile, lead developer Shytoshi Kusama has paused Shibarium’s official Telegram group again amid rising FUD about the mainnet’s official release date. The pause in activities has also led to speculation among the community about whether a Shibarium release is imminent.
Will SHIB Price Rise?
Meanwhile, Australian exchanges CoinSpot and Swyftx have listed the Bone ShibaSwap (BONE) token. This move comes after a recent survey showed that the community is looking to trade BONE tokens as the expected launch of the Shibarium Layer-2 blockchain approaches. BONE price is trading at $0.70, up 2% in the last 24 hours.
SHIB price is up 3% in the last 24 hours. The price is currently trading at $0.0000067. The lowest and highest prices in 24 hours are $0.00000653 and $0.00000675, respectively. However, trading volume for the Shiba Inu decreased by 27%. This shows that the interest of traders has waned.