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