90 Billion Shiba Inu Grabbed by SHIB Whales as They Prepare for Shibarium Launch
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Data provided by Etherscan tracker shows that less than an hour ago, two whales made an acquisition of two SHIB lumps. Together, they make up more than 12 billion Shiba Inu meme coins. Overall, in the past 24 hours, the second wallet has bought 90 billion SHIB.
Hundred billion SHIB transferred from top exchanges
According to Etherscan, the aforementioned transactions were made from major crypto trading venues KuCoin and Binance. The first one carried 3,999,499,999 SHIB in total. The second transfer contained 8,850,930,915 SHIB.
Over the past 24 hours, however, the second wallet has let over 90 billion Shiba Inu tokens go through itself. The transfers came from three major crypto exchanges: Binance, Coinbase and OKX.
Curiously, the wallet moved each SHIB lump to another address right after each purchase came in.
The data shows, however, that the very first wallet had bought not only one four billion lump from KuCoin. Over the past 24 hours, there have been three SHIB amounts of the same value.
As reported by U.Today recently, whales had purchased 92 billion and 384 billion Shiba Inu, while lead developer of SHIB Shytoshi Kusama keeps saying that the launch of the Shibarium beta version will take place as soon as possible.
Yuri MolchanSHIB adoption surges via Binance
Earlier, U.Today covered that, thanks to a recent partnership inked by Binance exchange and its Binance Pay service, SHIB and other cryptocurrencies have become means of payment at fast food restaurant Wendy's and more than 600 other vendors in the state of Georgia. This includes top hotels, restaurants and supermarkets.
Binance Pay has partnered with CityPay.io. The latter is a platform that allows businesses to sell ther products and services for digital currencies.
Related articles
Gamza Khanzadaev
Godfrey Benjamin
Dan Burgin
Alex Dovbnya
Vladislav Sopov