Wednesday, November 30, 2022
HomeCrypto NewsMarket582 Billion Shiba Inu (SHIB) Leaves ShibaSwap

582 Billion Shiba Inu (SHIB) Leaves ShibaSwap

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Over 582.73 Billion Shiba Inu (SHIB) moved out of ShibaSwap in the past 24 hours.



The wallet labeled “timmie.eth” unstaked an alarming 572.60 Billion Shiba Inu (SHIB) from ShibaSwap and transferred his total SHIB holdings, including unstaked SHIB, to the unknown wallet in the past 24 hours.

Ethersan.io data reports that the wallet labeled “timmie.eth” unstaked a shocking 572,601,096,091 (572.60B) SHIB, worth $5,061,793 ($5.06M) from ShibaSwap in one significant transaction executed about 9 hours ago. After a few minutes of unstaking, the wallet transferred his total Shiba Inu holdings i.e., 582,732,098,558 (582.73B) SHIB, worth $5,139,697 ($5.13M) to an unknown wallet in a single robust transaction and left himself with Zero SHIB.

572.60 Billion Shiba Inu Unstaked in the Past 24 Hours
572.60 Billion Shiba Inu Unstaked in the Past 24 Hours

Whereas, the receiving wallet’s SHIB balance increased by 582.73B SHIB to a whopping 583,195,705,359 (583.19B) SHIB, worth $5,155,450 ($5.15M).

Unknown Wallet Received 582.73 Billion SHIB from timmie.eth
Unknown Wallet Received 582.73 Billion SHIB from timmie.eth

Shiba Inu still maintains its top position as the biggest holding in dollar value among the largest 2000 ETH Whales. As per WhaleStats, the top 2000 ETH whales collectively hold $80,326,737 ($80.32M) worth of SHIB in their wallets.

On the other hand, Shiba Inu fails to defend its crucial support located at $0.0000093 on the daily chart and breaks lower following the widespread selloff in the global crypto market. As of writing, Shiba Inu is trading at the price of $0.000008744, down -9.91% over the last day, with a 24-hour trading volume of $262,673,995 ($262.67M).

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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.

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