Shiba Inu Whale Abruptly Moves 3,914,263,607,418 SHIB in One Massive Crypto Transaction

Wealthy Shiba Inu (SHIB) investors are suddenly moving trillions of dollars of SHIB in one massive crypto transaction.

According to whale research platform Whale Alert, wealthy traders move From one unknown wallet to another, a staggering 3,914,263,607,418 tokens worth about $43 million at the time of writing.

Data from blockchain search engine Etherscan, which was transferred earlier this morning, and price Top altcoin Ethereum (ETH) worth just $0.96.

Trading at $0.000011 at the time of writing, SHIB is up 2.83% over the past 24 hours, increasing the number of tokens burnt on its final day.

According to the SHIB Burning Protocol Shibburn, over 16 million SHIB rendering It has been inactive since yesterday and is increasing by 2161.77% every day. Shibburn’s data also reveals that hundreds of trillions of his SHIB tokens have been burned from the initial supply of memetic assets.

Token burns occur when traders deliberately remove tokens from the overall supply of assets by sending them to secret private wallets or destroying them as a means of devaluing cryptocurrencies.

Market research firm IntoTheBlock Note The overwhelming majority of SHIB holders are currently in the water. A crypto analysis firm found that 73% of his investors holding competing Dogecoin (DOGE) are in the red and 23% are in the green.

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