Shiba

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Shiba Inu

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Shiba Inu meme coin saw significant whale accumulations amid the broader crypto market recovery in the last few weeks, bringing nearly 20% SHIB price rally in a month. In another big whale transaction, a whale has withdrawn 600 billion Shiba Inu (SHIB) tokens with millions from crypto exchange Binance, as per on-chain data. 
<h2 id="whale-buys-600-billion-shib-tokens">Whale Buys 600 Billion SHIB Tokens</h2> 
According to data by Lookonchain on December 4, a fresh whale wallet <a rel="nofollow" href="https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce?a=0xf17f63ea7d757579af89f6933c8e84c5345d01b8" target="_blank">withdrew</a> 600 billion SHIB tokens from crypto exchange Binance. The large Shiba Inu tokens move is worth $5.7 million, much larger than other whale transactions recently. 
Moreover, the same whale withdrew 250 billion SHIB tokens worth $2.3 million from Binance last week. The whale accumulation triggered speculation about the price pump and SHIB price jumped 5%. 
Meanwhile, SHIB burn fell 90% in the past 24 hours. A total of 108,618 SHIB tokens were burned in four transactions. Shiba Inu community remains committed to burning SHIB to reduce its circulating supply, with 1.3 billion SHIB burn in November. 
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<h2 id="shib-price-jumps-10">SHIB Price Jumps 10%</h2> 
Shiba Inu ecosystem tokens witnessed rally in the last 24 hours, with tokens jumping more than 10%. This comes due to whale accumulation and a broader crypto market rally. 
<a href="https://coingape.com/price/shiba-inu" target="_blank" rel="noopener">SHIB price</a> jumped 10% in the past 24 hours, with the price currently trading at $0.00000931. The 24-hour low and high are $0.00000840 and $0.00000954, respectively. Furthermore, the trading volume has increased by 320% in the last 24 hours, indicating a rise in the interest of traders. 
BONE price also jumped more than 11%, with the price currently trading at $0.77. The 24-hour low and high are $0.691 and $0.781, respectively. 
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The post <a rel="nofollow" href="https://coingape.com/whale-bags-600-billion-shiba-inu-from-binance-shib-bone-prices-pump-10/">Shiba Inu Token Surges 10% Following Major Whale Activity</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

Shiba Inu Token Surges 10% Following Major Whale Activity

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