Saturday, December 3, 2022
HomeCrypto NewsMarketA Dormant Wallet Moves 2.8 Trillion Shiba Inu After Months

A Dormant Wallet Moves 2.8 Trillion Shiba Inu After Months

- Advertisement -
Follow-Us-On-Google-News

The mysterious wallet transferred a staggering $29.16 Million worth of Shiba Inu (SHIB) to the unknown wallet.


The Whale Alert, an entity that tracks and reports blockchain analytics and transactions, recently conveyed that a Shiba Inu Whale that has been dormant for nearly two months has just gone active. The crypto wallet transferred a whopping 2,871,107,075,474 (2.87T) SHIB, worth $29,164,849 ($29.16M), to the newly created anonymous wallet in one significant transaction about 10 hours ago.

The transferred amount is the same that the dormant whale received in her wallet on August 9th, 2022 (about 64 days ago) from another unknown wallet. Following the gigantic transfer, the dormant Shiba Inu Whale is now left with 0 SHIB balance, Etherscan.io data reports.

Unknown Wallet Transferred 29.16 Million Worth of Shiba Inu to Unknown Wallet
Unknown Wallet Transferred 29.16 Million Worth of Shiba Inu to Unknown Wallet

The news has had no immediate impact on Shiba Inu’s price. At the time of writing, Shiba Inu is seen trading at the price of $0.00001000, down -3.1% over the last day, with a 24-hour trading volume of $144,421,355 ($144.42M). Moreover, as per the data provided by CoinGecko, Shiba Inu lost -22.1% of its value in the past 30 days, -10.1% in the past 14 days, and -12.5% over the last week.

- Advertisement -
Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

- Advertisment -

Recent News & Articles

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.