Ethereum

Shiba Inu

Trillion

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 A colossal whale, believed to be the largest holder of Shiba Inu ($SHIB) tokens, has made a significant move by transferring 4 trillion SHIB, valued at $29.8 million, to eight newly-created addresses.   
 This activity has captured the attention of crypto enthusiasts, as it marks the whale's first substantial transaction in over 600 days.   
 According to data from the on-chain analytics platform Lookonchain, the whale, who previously acquired 103.33 trillion SHIB, made a purchase using 38 Ethereum (ETH) worth around $14,000.   
 Subsequently, the whale sold approximately 603 billion SHIB for about 2,411 ETH, valuing the transaction at $9.6 million. The profits from this sale amounted to an impressive 62,447.37%.   
 In addition to these transactions, the whale deposited 1.25 trillion SHIB, equivalent to $8.77 million, into Coinbase earlier this year.   
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 Despite these movements, the colossal whale still holds 101.47 trillion SHIB, with an approximate value of $756 million. It is worth noting that the whale has distributed the tokens across 23 different wallets, making it challenging to track or predict the whale's exact actions.   
 In a recent development, data from Shibburn reveals a significant drop of over 100% in the burn rate of <a href="https://optimisus.com/news/crypto-news/shiba-inu-burn-rate-soars-8900-due-to-akai-tokens-destruction-of-804-million-shib/" rel="noopener noreferrer nofollow">SHIB tokens</a> within the last 24 hours. This observation adds further intrigue to the evolving dynamics surrounding SHIB token movements.  
 The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/crypto-news/shiba-inu-largest-whale-transfers-4-trillion-of-shib-worth-29-8m-to-8-different-addresses/">Shiba Inu Largest Whale Transfers 4 Trillion of SHIB Tokens Worth $29.8M to 8 Addresses</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.
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Shiba Inu Largest Whale Transfers 4 Trillion of SHIB Tokens Worth $29.8M to 8 Addresses

Optimisus

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