Shiba Inu (SHIB), a meme-inspired cryptocurrency, has recorded a remarkable $36 million transfer
A busy month for SHIB transfers
Just days ago, on Oct. 21, a whopping 4.5 trillion SHIB, equivalent to about $32.1 million, was moved from an undisclosed wallet to another.
This was not an isolated incident. On Oct. 20, two separate transactions took place, transferring roughly 4.55 trillion SHIB and 4.56 trillion SHIB, valued at approximately $31.5 million and $31.75 million respectively.
Earlier in the month, on Oct. 17, another transaction saw 4.57 trillion SHIB, or about $31.6 million, change hands.
These sizable transfers provide a glimpse into the intense speculation surrounding the popular meme coin.
Shiba Inu's market behavior
Its daily trading range is from $0.00000787 to $0.00000807, signifying relatively steady trading conditions.