Shiba

Shiba Inu

Billion

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<p lang="en-GB" xml:lang="en-GB">According to data shared by the <a href rel="noopener noreferrer nofollow">Etherscan blockchain tracker</a>, over the past few hours, anonymous whales have transferred tens of billions of <a href="https://u.today/elon-musks-stunning-ai-warning-triggers-shib-xrp-armies-hot-discussion" rel="noopener noreferrer nofollow">Shiba Inu meme coins</a> to large U.S.-based crypto exchanges Coinbase and Kraken.</p>
<h2 id="whales-deposit-41-billion-shib">Whales deposit 41 billion SHIB</h2>
<p lang="en-GB" xml:lang="en-GB">These mysterious SHIB holders have shoveled 17,314,576,827 SHIB to a wallet marked as Coinbase 10 and 24,011,203,422 SHIB to Kraken. The fiat equivalents of these SHIB lumps are $296,079 and $410,591.</p>
<p lang="en-GB" xml:lang="en-GB">These transfers took place while, during the last 24 hours, the second-largest meme cryptocurrency Shiba Inu has demonstrated a 3% decline, dropping to the $0.00001711 price level. As SHIB continues to trade sideways this week, striving to recover the $0.00002 mark, whales have been selling their Shiba Inu stashes to prevent further monetary losses.</p>
<h2 id="shib-burn-rate-skyrockets">SHIB burn rate skyrockets</h2>
<p lang="en-GB" xml:lang="en-GB">Data provided by the <a href="https://www.shibburn.com/" rel="noopener noreferrer nofollow">Shibburn tracking platform</a> shows an impressive rise of 1,072% in the burn metric during the period of the last 24 hours.</p>
<p lang="en-GB" xml:lang="en-GB">In total, 19,761,244 SHIB have been transferred to unspendable wallets since yesterday morning. This progress has been achieved thanks to five <a href="https://u.today/shiba-inu-shib-skyrockets-6018-in-crucial-metric" rel="noopener noreferrer nofollow">SHIB burn transactions</a>. The largest two transfers carried 6,942,000 SHIB each to dead-end blockchain addresses, and they were made by the same anonymous wallet five hours ago.</p>

41 Billion SHIB Mysteriously Sent to Leading US Exchanges – What's Happening?

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