993.3 Billion SHIB Transferred, Half Moved by Binance, Here’s Where

SHIB

Hundreds of billions of SHIB have been transacted by Binance and anonymous whales

Twitter user @shibaplay_ shared that in the last twenty-four hours, a series of crypto transactions have been made, with lump sums ranging from 56 billion to half a trillion Shiba Inu.

A total of 993.3 billion SHIB tokens was shoveled mostly by anonymous whales. However, two transactions here stand out.

Binance moves 500 billion SHIB, whales move 56 billion

According to the source of these transactions – Etherscan Crypto Tracker – the largest crypto trading platform by size of trading volume moved a total of 499,999,812,493 Mem coins.

Most likely, this was done as part of the platform’s crypto reserves audit. As reported earlier today, Binance also moves around $1.2 billion worth of Bitcoin for the same purpose between its own wallets.

The amount of SHIB transferred by Binance is $4,499,998. Meanwhile, an anonymous whale bought 56,089,690,818 Shiba Inu on the same platform and transferred it to his crypto wallet Binance.

Whales shovel 437 billion Shiba tokens

Etherscan also showed details of three other transfers, carrying a substantial amount of the second largest meme token by market cap.

The anonymous wallets exchanged 139,014,817,402, 138,364,817,402 and 160,000,000,000 Shiba Inu among themselves.

Meanwhile, according to WhaleStats wallet tracking platform, over the past twenty-four hours, SHIB has emerged on the list of the top seven most sold crypto assets. Now it is sitting on this list together with BOBA, USDT, stETH, etc.

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