Shiba Inu

Trillion

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/36076.jpg" alt="Cover Image" width="800"
 height="500">
 <figcaption>Cover image via <a href="https://u.today/">U.Today</a></figcaption>
 </figure><a href="https://twitter.com/lookonchain/status/1668471049573531648?s=20">Lookonchain</a>, a prominent crypto intelligence portal, recently reported a substantial development regarding <a href="https://u.today/shiba-inu-crypto-will-help-with-global-healthcare-prominent-shib-team-member-claims">Shiba Inu (SHIB)</a>. Thus, a major holder of SHIB, identified by the address "0x40B3," has amassed a staggering 1.5 trillion SHIB tokens, equivalent to a remarkable $10 million. This acquisition took place today and involved transactions on major crypto exchanges Binance and Coinbase.<a href="https://u.today/shiba-inu-shib-whale-activity-makes-dramatic-pivot-after-what-happened-on-weekend">card</a>Interestingly, this is not the first time that "0x40B3" has made such a substantial purchase. The address had previously accumulated a whopping 5.3 trillion SHIB tokens, amounting to an impressive $35.5 million. Another significant transaction occurred on May 16, when "0x40B3" transferred an astounding 20 trillion SHIB tokens, equivalent to a staggering $134.4 million, to another address, "0x73AF."<img alt="" data-entity-type="file" data-entity-uuid="37f43f82-b3cf-4592-8f57-4b99e6e774e7" src="https://u.today/sites/default/files/inline-images/SHIB_1D_graph_coinmarketcap_1.jpeg" />SHIB to USD by <a href="https://coinmarketcap.com/currencies/shiba-inu/">CoinMarketCap</a>This whale, as the largest nonexchange holder of the <a href="https://u.today/shiba-inu-shib-most-recent-move-caused-devastation-whats-next">Shiba Inu token</a>, has captured the attention of the crypto community due to its immense influence on the market. Following the recent acquisition of 1.5 trillion SHIB tokens, the SHIB price exhibited a notable acceleration in its upward trajectory. Within a mere 15 minutes, the price surged by more than 1.5%. Moreover, since reaching its recent bottom last Saturday, the <a href="https://u.today/shiba-inus-major-exchange-plunges-to-absolute-lows-amid-shib-price-crash">SHIB price</a> has experienced a remarkable rebound of 24.4%.<a href="https://u.today/ripple-ceo-hints-at-crucial-information-in-pending-hinman-documents">card</a>The future trajectory of the <a href="https://u.today/shiba-inu-shib-community-alerted-to-new-scam-means-details">Shiba Inu</a> token remains uncertain, with time being the ultimate determinant. However, the near term holds a series of highly significant events that are poised to have a direct impact on financial markets, particularly the crypto sector. Traders and investors are keeping a close watch on these developments, eagerly awaiting their outcomes and how they will shape the crypto landscape.

Massive 1.5 Trillion SHIB Purchase by Major Holder Kickstarts SHIB Price

U_Today

Other articles published on Jun 13, 2023

Polygon 2.0 unveiled as a network of zero-knowledge-powered Layer 2 chains

Atomic Wallet Hackers Used OFAC-Sanctioned Garantex to Launder Stolen $35M: Report

Documents Related Hinman's Speech Released in SEC-Ripple Lawsuit Filings

Atomic Wallet Hackers Target OFAC-Sanctioned Garantex: Elliptic Report

Cryptocurrency Tug-of-War: Bitcoin, Ethereum, Binance Coin, and Ripple Current Overview

Top Activities to Experience in Athens

Join our free newsletter for daily crypto updates!