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HomeCrypto NewsMarket3.38 Trillion Shiba Inu Moves To A Newly Born Wallet

3.38 Trillion Shiba Inu Moves To A Newly Born Wallet

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The mysterious wallet transferred $34.88 Million worth of Shiba Inu (SHIB) to an anonymous wallet.

Whale Alert, the most advanced blockchain tracker, recently reported that the mysterious wallet had relocated a gargantuan 3,388,119,787,804 (3.38T) SHIB, worth $34,887,130 ($34.88M) to the anonymous wallet in one robust transaction executed about an hour ago.

As per data, the anonymous wallet is just created and only holds Shiba Inu as of writing.

34.88 Million worth of Shiba Inu SHIB on the Move
34.88 Million worth of Shiba Inu on the Move

The transaction comes after the world’s leading enterprise application Software Company, SAP SE, entered into a partnership with the world’s largest provider of digital asset payment services, BitPay, to enable crypto payroll payments, including Shiba Inu. Through this partnership, SAP SE employees will be able to receive a portion of their pay in crypto.

Shiba Inu is still the biggest holding among the top 2000 ETH whales. WhaleStats, the top 2000 ETH wallets, collectively hold $128,726,447 ($128.72M) worth of SHIB in their wallets.

However, this massive transfer of Shiba Inu tokens among whales didn’t immediately impact the SHIB price. At press time, Shiba Inu is trading at the price of $0.00001025, down -1.68% over the last day, with a 24-hour volume of $123,292,270 ($123.29M).

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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.

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