This anonymous whale has shifted staggering amount of SHIB worth $1.4 million, but it did not end up in cold wallet of receiver
Less than an hour ago, a Twitter user @shibaplay_ shared a link to Etherscan to show that a mysterious whale moved 114.9 billion Shiba Inu tokens.
The sending address now holds zero Shiba Inu as its SHIB balance has been drained dry.
About 115 billion SHIB are moving…will be sold
Etherscan shows that a total of 114,952,894,138 coins were transferred from the ETH wallet 0x5937f64670545698c2c92f2707093cd84c106351 To 0x84fd9a5e47bca5624e04fe3e687cf6cfb31c7e6c Know. The sender’s wallet balance is now zero, and the recipient’s address previously contained nothing but the received amount of meme coins.
By now, 14,952,894,138 Shiba Inu have been sent to a Binance wallet, and the address holds only as few as 0.0000005 SHIB.
SHIB was sent to Binance about 43 minutes ago. This was not the only Shiba Inu stash sent to the largest exchange by trading volume. Three more addresses sent a total of 272 million SHIB to the same Binance wallet.
Amazon SHIB burner removes nearly 3 billion SHIB
@shib_superstore Twitter account run by Travis Johnson, smartphone game creator, has published a new post about his 11th month of SHIB burns kicking off.
Johnson launched his SHIB Burn campaign in November last year and so far, he has sent a total of 2,794,881,641 to the dead-end wallet, according to data from his Twitter bio section.
Earlier this year, he signed up for an Amazon affiliate program and began using his profits from commission fees to buy and burn more Shiba Inu. The Amazon tool has proved to be “a sustainable daily burner,” according to one of Johnson’s earlier tweets.
SHIB burn rate drops by 70%
Shibburn transaction tracker @Shibburn has announced that over the past 24 hours, various members of the SHIB community have managed to destroy the total. 130,695,987 Mem Tokens,
However, this amount of SHIB is smaller than that burned on the previous day. This fact has pushed the total SHIB burn rate down 69.59%, according to the website of the burn tracker.
Overall, the big investors known as whales now prefer to hold their SHIBs and not sell their meme tokens. According to wallet tracker WhaleStats, the largest 100 whales on Ethereum now hold 12,015,673,898,858 Shiba Inu valuations at $147,312,162.
