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.
Twitter user @shibaplay_ has posted a large number of tweets, in which he shared data from Etherscan about massive transactions of Shiba Inu meme coin over the past 24 hours.
The largest of these carried a minimum of 100,000,000,000 SHIB. The largest one was worth 202,438,224,930 coins. In total, 847.9 billion canine coins were moved by anonymous holders.
Whale alert 🚨: 202,438,224,930 $SHIB transferred.
— ShibaPlay (@shibaplay_) November 2, 2022
check details 👇🏻 https://t.co/69j1QZl7XT
A total of 100,000,000,000 SHIB from this series of transactions were moved to the OKEx exchange to be sold.
The equivalent of the 850 billion SHIB mentioned above is $10,268,000.
A few days prior to that, cryptocurrency influencer David Gokhshtein, founder of Gokhshtein Media, announced that he was going to buy more Shiba Inu to add to his stash. He planned on grabbing roughly over 2 million meme coins.
On Wednesday, he confirmed his support for SHIB, stating that he is big on both Shiba Inu and Dogecoin, no matter what maximalists from these communities think about him for supporting a rival coin.
Over the past few days, SHIB has been down from its recent local high of $0.00001415, by 15%. At the time of this writing, the price sits in a range, trading at $0.00001203.
Vladislav Sopov