Close to trillion SHIB have been transferred by whales in massive chunks, per Etherscan
In the last 24 hours, an astonishing 766 billion Shiba Inu have been moved by unidentified whales, according to details provided by Etherscan.
More than half of this amount was simply shifted between wallets of a large holder. The rest of this massive SHIB amount was partly moved to a cold wallet and partly sold.
The basic data on these transfers was shared by Twitter user @shibaplay_ on his profile.
Close to 800 billion SHIB on move
Three stunning amounts of SHIB, in total making up 776 billion, carried 485,794,498,147; 100,099,682,471 and 190,000,000,000 Shiba Inu coins.
The total equivalent of the transferred SHIB amount is $9,343,040 at the current SHIB/USD exchange rate.
Details from Etherscan show that the largest transfer was made by the Binance exchange as it moved 485 billion SHIB from one of its wallets to another.
A total of 100,099,682,471 were bought on Binance and then transferred to a cold wallet by the buying whale. According to Etherscan, an amount of 190,000,000,000,000 Mem coins was sent to the crypto.com exchange to be sold.
Over the past 24 hours, the second largest crypto Shiba Inu dropped 4.45%, trading at $0.00001203, per CoinMarketCap at the moment of this writing.
Hopes Raised on Shiberium
On 5 November, an official Twitter account for the Shiberium Layer 2 protocol was revealed by the Shiba Inu account.
It already boasts 24,500 followers after the recent launch. The SHIB team stated that this profile will end up becoming a hub for all things Shibarium.
As for the expected date of Shiberium’s release, SHIB’s head dev, Shiotoshi Kusama, remains silent, periodically posting “soon” answers to questions about it.
At the same time, the SHIB burn rate jumped by a staggering 5,800% on Sunday.
