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Day: October 22, 2023

Massive Transfer of 22.5 Trillion SHIB by Top-Tier Whales Sends SHIB Price Soaring

Massive Transfer of 22.5 Trillion SHIB by Top-Tier Whales Sends SHIB Price Soaring

According to the news, there has been a significant movement of Shiba Inu (SHIB) cryptocurrency. Approximately 22.5 trillion SHIB coins were transferred between anonymous wallets belonging to top-tier whales this week. This marks the fifth instance of a substantial transfer, with 3.5 trillion SHIB being moved each time. The total value of the latest transfer is estimated at $32,142,200. These transactions have coincided with an increase in the price of SHIB, which rose by 3.89% during the most recent transfer. The purpose behind these large transfers remains unclear, and the SHIB whale activity has seen a drastic surge, with a 987% increase in transaction volume. Source: UTODAY