Shiba Inu

Coin

<ul class="news-points"> 
 <li><strong>Santiment revealed in a tweet yesterday that whale activity for SHIB spiked over the past few days.</strong></li> 
 <li><strong>According to the post, 4.7 trillion SHIB coins were sent to a cold wallet, making it the 7th largest wallet on the network.</strong></li> 
 <li><strong>At press time, SHIB was changing hands at $0.000008362 following a 24-hour loss of 9+%.</strong></li> 
</ul> 
<p>The blockchain intelligence firm Santiment revealed in a tweet yesterday that <a href="https://coinedition.com/tag/shiba-Inu-SHIB/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> has experienced a spike in whale activity after the meme coin’s price plummeted below $0.00001. According to the post, 4.7 trillion SHIB coins, estimated to be worth $41 million, were moved to a new cold wallet — making it the 7th largest wallet on the network.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f63a.png" alt="😺" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/ShibaInu?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ShibaInu</a> is seeing big whale activity after its plummet back below $0.00001 commenced the past few days. 4.7T <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> coins (worth over $41M) were moved to a new cold wallet, making it the 7th largest move on the network in 2023. Watch for volatility. <a href="https://t.co/Ivm2JR9Cx5" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Ivm2JR9Cx5</a> <a href="https://t.co/bT33ZO21N5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/bT33ZO21N5</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1692268857799692412?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 17, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Santiment’s data revealed that on-chain transactions volume of 7.69 trillion SHIB was recorded in just a 4-hour period yesterday. Interestingly, this …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/shib-whale-activity-surges-as-the-meme-coin-drops-below-0-00001/">SHIB Whale Activity Surges as the Meme Coin Drops Below $0.00001</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SHIB Whale Activity Surges as the Meme Coin Drops Below $0.00001

Coin Edition

Other articles published on Aug 18, 2023

Shibarium’s Rocky Start and XRP’s Bearish Outlook: What’s Next for These Cryptos?

Reasons why spot Bitcoin ETF will not be approved are many

Bitcoin Crashes Sharply But Recovers Above $26,000

Elon Musk Set To Delete Account Blocking Feature On X

China’s Property Giant Evergrande Files for Bankruptcy Protection

Ether Futures ETF Approval Might Be Bearish for Market, Analyst Says

Join our free newsletter for daily crypto updates!