Shiba Inu

<p><em><strong>In the past day, Whale Alert, a crypto tracking platform, detected a significant transfer involving Shiba Inu tokens.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>An address labeled as Robinhood received a massive amount of 3 trillion SHIB tokens, valued at around $50 million, from an undisclosed wallet.</p><h3 id="whale-alert-flags-massive-shib-transfer">Whale Alert Flags Massive SHIB Transfer</h3><p>Whale Alert, a well-known cryptocurrency monitoring platform, recently detected a significant transfer involving 3,023,255,579,400 SHIB tokens, valued at around $49.9 million, moving from an undisclosed wallet to another unidentified wallet.</p><blockquote><img src="https://academy-public.coinmarketcap.com/optimized-uploads/825f03f32a394d10873e05e69809732a.svg&#43;xml" /> <img src="https://academy-public.coinmarketcap.com/optimized-uploads/825f03f32a394d10873e05e69809732a.svg&#43;xml" /> 3,023,255,579,400 <a href="https://twitter.com/hashtag/SHIB?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> (49,933,096 USD) transferred from unknown wallet to unknown wallet<a href="https://t.co/3D24M928iE" rel="noopener noreferrer nofollow">https://t.co/3D24M928iE</a>— Whale Alert (&#64;whale_alert) <a href="https://twitter.com/whale_alert/status/1763712666269307024?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">March 1, 2024</a></blockquote><p>This substantial transfer coincided with a remarkable surge in the price of Shiba Inu (SHIB) over the past 24 hours, with the token surging by more than 70%. During early Saturday trading, SHIB reached impressive highs of $0.00002888.</p><p><a href="https://cryptosheadlines.com/us-inflation-rate-drops-to-4-9-in-april-bitcoin-surpasses-28k/" rel="noopener noreferrer nofollow">Surpassing major cryptocurrencies like Bitcoin</a>, Ethereum, and Dogecoin, SHIB has now claimed the 11th position in the market capitalization rankings, boasting a valuation exceeding $12.8 billion.</p><p>At the time of the <a href="https://cryptosheadlines.com/weekly-crypto-reports-latest-updates-on-the-world-of-cryptocurrency-exchanges/" rel="noopener noreferrer nofollow">latest update</a>, SHIB’s price had surged by 62.20% in the past 24 hours, reaching $0.00002149. This <a href="https://cryptosheadlines.com/shib-surges-19-in-a-week-still-a-good-time-to-buy/" rel="noopener noreferrer nofollow">surge positions the SHIB token to achieve its strongest weekly</a> close since October 2021, with an impressive 129% increase, according to data from CoinMarketCap.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><h3 id="on-chain-insights-into-shib-price-surge">On-Chain Insights into SHIB Price Surge</h3><p>Spot On Chain, an on-chain analytics platform, has provided insights into the recent surge in Shiba Inu (SHIB) prices, which skyrocketed by approximately 70% in the past 24 hours. Here are three key occurrences observed on-chain in the days leading up to the price pump:</p><p><a href="https://cryptosheadlines.com/why-is-terra-luna-classic-lunc-trending/" rel="noopener noreferrer nofollow">Also Read:   Why is Terra LUNA Classic (LUNC) Trending?</a></p><p>Two days prior to the price surge, a “smart trader” made a significant purchase of 75.91 billion SHIB tokens from Binance, amounting to approximately $1.51 million. Following the pump, this trader has realized gains exceeding $614,000 on their Shiba Inu investment.</p><p>MakerDAO co-founder, Rune, reportedly acquired 7.41 <a href="https://cryptosheadlines.com/binance-destroys-2-65-billion-tokens-in-11th-bnb-burn/" rel="noopener noreferrer nofollow">billion SHIB tokens</a> for the first time, utilizing 100,000 USDC. This purchase has resulted in gains of approximately $47.1 million on Rune’s <a href="https://cryptosheadlines.com/shib-investment-1000-to-109k-at-0-001/" rel="noopener noreferrer nofollow">SHIB investment</a>.</p><p>Within the past 24 hours, an UPbit-named wallet has amassed a considerable amount of SHIB, totaling 2.13 <a href="https://cryptosheadlines.com/pepe-coin-team-clarifies-16-trillion-token-theft/" rel="noopener noreferrer nofollow">trillion tokens</a>, valued at around $42.3 million. Presently, this wallet ranks as the seventh-largest holder of SHIB, possessing 12.45 trillion tokens valued at $247 million.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Shiba Inu Price Surges 70% as 3 Trillion SHIB Tokens Shifted to Robinhood Address

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