Fifth astounding chunk of 4.5 trillion Shiba Inu has been moved by anonymous wallets this week
According to the recent X post by Whale Alert blockchain sleuth, almost five hours ago, a massive amount of Shiba Inu meme coins exchanged hands between two anonymous digital wallets.3.5 trillion SHIB
transfers were also spotted on October 16 and 17 this week, per Whale Alert. The community in the comments wondered as to the purpose of these staggering crypto transactions.. This is related to an increase in the SHIB transaction volume – on Friday alone roughly $70 million worth of Shiba Inu was transferred by high-tier SHIB wallets.
This matches the aforementioned data from Whale Alert that on Friday about 9 trillion SHIB was shoveled by unknown blockchain addresses – worth roughly $61 million, plus several other large transactions.Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
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