Shiba Inu Whale Moves 3,333,256,285,484 SHIB in One Massive Transaction – Here’s Where the Crypto Is Going

Must read

Former FTX executives Backpack exchange expands to 11 US states

Former FTX executives Backpack exchange expands to 11 US states Oluwapelumi Adejumo · 2 mins ago · 2 min read...

Bitcoin options worth $3.7 billion approaching expiration – Deribit

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connect via Access ProtocolAccess Protocol is a...

Ethereum breaks 22-month record crossing $3000 amid positive market speculations

Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months.During this...

Bitcoin’s climb to a yearly high triggers market shakeup

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connect via Access ProtocolAccess Protocol is a...

An affluent crypto investor just moved a large amount of Shiba Inu (SHIB) coins as the dog-themed digital asset gains popularity on exchanges.

According to blockchain tracking service Whale Alert, the unknown whale transferred 3,333,256,285,484 SHIB worth $30,262,633 at time of the transaction on January 10th.

The funds were moved to a wallet with only one transaction to date. Despite the large amount of crypto involved, the whale only paid the equivalent of $4.24 in transfer fees.

? ? 3,333,256,285,484 #SHIB (30,262,633 USD) transferred from unknown wallet to unknown wallethttps://t.co/HliPDFmiek

— Whale Alert (@whale_alert) January 10, 2023

Shiba Inu is one of Binance’s three most-watched cryptos in 2022 along with Bitcoin (BTC) and Ethereum (ETH). Data from exchange and wallet ranking site CoinCarp show that two of the crypto titan’s wallets already hold over 9% of Shiba Inu supply.

Of the digital asset exchanges, Binance also has the highest balance for the token with 92,976,033,114,161 SHIB valued at $844,222,380. The world’s largest crypto trading platform is followed by Crypto.com with 55,309,654,679,990 SHIB worth $502,211,664 and OKX with 9,957,292,730,009 SHIB worth $90,412,217.

Earlier this week, the Shiba Inu ecosystem hinted at a potential partnership with North American luxury firm Bugatti Group with a video clip of bags and briefcases featuring images from the Shiboshi non-fungible token (NFT) collection.

?? @Shibtoken Shiboshis x @bugattigrp

Stay tuned for an upcoming event announcement in the next few days! pic.twitter.com/VzvwUI2rOU

— Shib (@Shibtoken) January 8, 2023

SHIB is changing hands for $0.000009 at time of writing, down by 2.23% over the last 24 hours.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

More articles

Latest article

Former FTX executives Backpack exchange expands to 11 US states

Former FTX executives Backpack exchange expands to 11 US states Oluwapelumi Adejumo · 2 mins ago · 2 min read...

Bitcoin options worth $3.7 billion approaching expiration – Deribit

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connect via Access ProtocolAccess Protocol is a...

Ethereum breaks 22-month record crossing $3000 amid positive market speculations

Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months.During this...

Bitcoin’s climb to a yearly high triggers market shakeup

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connect via Access ProtocolAccess Protocol is a...

Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing

Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing Andjela Radmilac · 3 hours ago · ...