Shiba Inu Whale Moves 3,484,812,794,902 SHIB in One Massive Transaction – Here’s Where the Crypto Is Headed

0 8

knife

A mysterious Shiba Inu (SHIB) whale is suddenly on the move, relocating trillions of tokens as the top memecoin starts to flash signs of life.

Blockchain-monitoring service Whale Alert first spotted the massive Shiba Inu transaction.

According to Whale Alert, the large entity in question shifted 3,484,812,794,902 SHIB worth over $40 million from a wallet of unknown origin to another wallet of unknown origin.

The investor with deep pockets paid less than $3 to relocate the large SHIB trove worth tens of millions of dollars.

Blockchain-tracking website Etherscan shows that the SHIB stack remains in the control of the receiving wallet.

Shiba Inu is trading $0.00001147 at time of writing, The top meme crypto asset is up nearly 7% from its seven-day low of $0.00001074.

The large Shiba Inu transaction comes as lead SHIB developer Shytoshi Kusama issues a warning to other crypto projects using his name and large following to promote their own tokens. Kusama also says that market participants should be on the lookout for coins claiming to be the official token of the layer-2 Shibarium project.

“I am not affiliated with any token using my name or likeness unlawfully. DYOR (Do your own research) and don’t get scammed. Likewise there is no (official) Shibarium token; Shibarium is an L2 blockchain so any you see are super [suspicious]. Need I go on SHIB army?”

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
Featured Image: Shutterstock/WindAwake

The post Shiba Inu Whale Moves 3,484,812,794,902 SHIB in One Massive Transaction – Here’s Where the Crypto Is Headed appeared first on The Daily Hodl.

 

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 41,185.03
ethereum
Ethereum (ETH) $ 2,212.25
tether
Tether (USDT) $ 0.998723
bnb
BNB (BNB) $ 241.85
xrp
XRP (XRP) $ 0.619027
solana
Solana (SOL) $ 69.27
usd-coin
USDC (USDC) $ 0.993912
staked-ether
Lido Staked Ether (STETH) $ 2,215.82
cardano
Cardano (ADA) $ 0.554555
avalanche-2
Avalanche (AVAX) $ 39.06
dogecoin
Dogecoin (DOGE) $ 0.094394
tron
TRON (TRX) $ 0.10363
polkadot
Polkadot (DOT) $ 6.72
chainlink
Chainlink (LINK) $ 14.76
matic-network
Polygon (MATIC) $ 0.837696
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 41,177.03
shiba-inu
Shiba Inu (SHIB) $ 0.000009
dai
Dai (DAI) $ 0.999334
litecoin
Litecoin (LTC) $ 71.77
uniswap
Uniswap (UNI) $ 6.04
bitcoin-cash
Bitcoin Cash (BCH) $ 230.00
leo-token
LEO Token (LEO) $ 3.89
okb
OKB (OKB) $ 57.91
stellar
Stellar (XLM) $ 0.122817
monero
Monero (XMR) $ 172.90
ethereum-classic
Ethereum Classic (ETC) $ 20.02
cosmos
Cosmos Hub (ATOM) $ 9.76
true-usd
TrueUSD (TUSD) $ 0.999814
kaspa
Kaspa (KAS) $ 0.119479
crypto-com-chain
Cronos (CRO) $ 0.098673
immutable-x
Immutable (IMX) $ 1.97
hedera-hashgraph
Hedera (HBAR) $ 0.071104
internet-computer
Internet Computer (ICP) $ 5.25
near
NEAR Protocol (NEAR) $ 2.26
filecoin
Filecoin (FIL) $ 4.60
aptos
Aptos (APT) $ 7.75
optimism
Optimism (OP) $ 2.27
lido-dao
Lido DAO (LDO) $ 2.27
injective-protocol
Injective (INJ) $ 24.15
vechain
VeChain (VET) $ 0.027442
bittensor
Bittensor (TAO) $ 322.34
mantle
Mantle (MNT) $ 0.578748
thorchain
THORChain (RUNE) $ 5.84
elrond-erd-2
MultiversX (EGLD) $ 62.57
quant-network
Quant (QNT) $ 111.37
algorand
Algorand (ALGO) $ 0.197775
celestia
Celestia (TIA) $ 10.61
the-graph
The Graph (GRT) $ 0.158646
havven
Synthetix Network (SNX) $ 4.52
render-token
Render (RNDR) $ 3.93
binance-usd
BUSD (BUSD) $ 0.984866
arbitrum
Arbitrum (ARB) $ 1.09
aave
Aave (AAVE) $ 91.40
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,426.73
blockstack
Stacks (STX) $ 0.909887
bittorrent
BitTorrent (BTT) $ 0.000001
maker
Maker (MKR) $ 1,379.63
wemix-token
WEMIX (WEMIX) $ 3.45
flow
Flow (FLOW) $ 0.765526
kucoin-shares
KuCoin (KCS) $ 11.41
first-digital-usd
First Digital USD (FDUSD) $ 1.00
the-sandbox
The Sandbox (SAND) $ 0.51259
theta-token
Theta Network (THETA) $ 1.05
terra-luna
Terra Luna Classic (LUNC) $ 0.000177
fantom
Fantom (FTM) $ 0.363428
ordinals
ORDI (ORDI) $ 46.47
bitcoin-sv
Bitcoin SV (BSV) $ 48.73
axie-infinity
Axie Infinity (AXS) $ 7.10
decentraland
Decentraland (MANA) $ 0.489172
gala
GALA (GALA) $ 0.030202
eos
EOS (EOS) $ 0.763737
beam-2
Beam (BEAM) $ 0.01798
neo
NEO (NEO) $ 11.78
mina-protocol
Mina Protocol (MINA) $ 0.811411
iota
IOTA (IOTA) $ 0.271216
whitebit
WhiteBIT Coin (WBT) $ 5.68
klay-token
Klaytn (KLAY) $ 0.240415
tezos
Tezos (XTZ) $ 0.87277
kava
Kava (KAVA) $ 0.765603
usdd
USDD (USDD) $ 0.992072
bonk
Bonk (BONK) $ 0.000012
bitget-token
Bitget Token (BGB) $ 0.489185
cheelee
Cheelee (CHEEL) $ 12.62
ecash
eCash (XEC) $ 0.000035
xdce-crowd-sale
XDC Network (XDC) $ 0.048403
frax-ether
Frax Ether (FRXETH) $ 2,201.93
helium
Helium (HNT) $ 4.54
frax-share
Frax Share (FXS) $ 8.69
frax
Frax (FRAX) $ 0.999928
sui
Sui (SUI) $ 0.62756
tokenize-xchange
Tokenize Xchange (TKX) $ 8.10
chiliz
Chiliz (CHZ) $ 0.082733
gatechain-token
Gate (GT) $ 4.63
pancakeswap-token
PancakeSwap (CAKE) $ 2.41
curve-dao-token
Curve DAO (CRV) $ 0.6627
conflux-token
Conflux (CFX) $ 0.174115
pyth-network
Pyth Network (PYTH) $ 0.411173
illuvium
Illuvium (ILV) $ 98.45
apecoin
ApeCoin (APE) $ 1.63
pepe
Pepe (PEPE) $ 0.000001