Wealthy crypto investors have moved large amounts of Shiba Inu (SHIB) coins as dog-themed digital assets are gaining popularity on exchanges.
An unknown whale, according to blockchain tracking service Whale Alert forwarded 3,333,256,285,484 SHIB is worth $30,262,633 as of January 10 trading.
Funds have been moved to the wallet in only one transaction so far. Despite the large amount of cryptocurrency involved, Whale said he only paid $4.24 worth of transfer fees.
? 3,333,256,285,484 #SHIB (30,262,633 USD) Transfer from unknown wallet to unknown wallethttps://t.co/HliPDFmiek
Whale Alert (@whale_alert) January 10, 2023
Shiba Inu is one of the three hottest cryptocurrencies on Binance in 2022, along with Bitcoin (BTC) and Ethereum (ETH).Data from exchange/wallet ranking sites coin carp Two Crypto Titan wallets already hold more than 9% of the Shiba Inu supply.
Among the digital asset exchanges, Binance has the highest balance of 92,976,033,114,161 SHIB with $844,222,380 in tokens. Crypto.com, the world’s largest crypto trading platform, has 55,309,654,679,990 SHIB worth $52,211,664 and OKX has 9,957,292,730,009 SHIB worth $90,412,217.
Earlier this week, the Shiba Inu ecosystem hinted at a potential partnership with North American luxury firm Bugatti Group in a video clip of bags and briefcases featuring images of Shiboshi’s Non-Fungible Token (NFT) collection.
?? @Shiv token Sibosys x @bugattigrp
Stay tuned for upcoming event announcements! pic.twitter.com/VzvwUI2rOU
Shib (@Shibtoken) January 8, 2023
SHIB is trading at $0.000009 at the time of writing, down 2.23% over the last 24 hours.
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