According to information provided by Etherscan, unidentified whales have moved close to 50 billion Shiba Inu meme coins in the last three hours.
The Ethereum-specific automated cryptocurrency tracker picked up 12 transactions. A whale among them sent 1,698,014,628 to a Binance 14 wallet. 3,668,050,872 SHIB were shifted to the KuCoin exchange by a different whale.
From the OKX exchange, the third whale wallet withdrew 5,900,000,000 SHIB. The remaining transfers were conducted among unidentified cryptocurrency wallets. Transactions totaled 45.6 billion SHIB.
According to U.Today on Thursday, Twitter user @DelCrxpto, who calls himself a “cryptocurrency expert,” predicted that when the next bull run starts, SHIB would take fifth position by market capitalization and XRP will rise to third place on the CoinMarketCap scale.
However, he did not say when he anticipates it to occur. The Shibarium Bridge was also ultimately released in beta earlier this week for general testing by the SHIB team. Through this system, users will be able to effortlessly move tokens, NFTs, and other digital assets between Shibarium and Ethereum without paying any extra costs to third parties.
Meanwhile, the price of SHIB has decreased little during the last 24 hours, falling by 1.93%. It did, however, see a spike earlier today, reaching 1.14%, and as of the time of this writing, it was trading at $0.00000786 on the Binance market.
