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HomeCrypto NewsMarketBig Wallet Moves 4.6 Trillion Shiba Inu To Two Addresses

Big Wallet Moves 4.6 Trillion Shiba Inu To Two Addresses


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Top Whale moved $38.22 million worth of Shiba Inu to the two separate wallets in the past hour.

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Etherscan.io, the leading blockchain explorer, recently revealed that the top Whale has relocated a staggering 4,662,530,677,373 (4.66 trillion) SHIB, worth $38,220,745 ($38.22 million) to two different wallets via two separate transactions in the past hour.

Top Whale Transferred 3822 Million USD worth of SHIB via Two Separate Transactions
Top Whale Transferred 3822 Million USD worth of SHIB via Two Separate Transactions

Breakdown of Transactions

Per Etherscan.io data, the enigmatic Whale transferred 20,000,000,000 (20 billion) SHIB, worth $163,600, to the unidentified wallet in the first transaction. The massive transfer occurred precisely at 08:07:11 AM +UTC on August 31.

Simultaneously, the top Whale executed the second transaction and moved an additional 4,642,530,677,374 (4.64 trillion) SHIB, worth $38,057,145 ($38.05 million), to the newly created wallet.

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Following the massive transfer, the wallet is now left with ZERO SHIB.

The Whales’ activity hasn’t had any immediate impact on the price of Shiba Inu. As of press time, Shiba Inu is trading at $0.000008181, down -0.90 percent over the last day, with a 24-hour trading volume of $101,888,681 ($101.88 million).

In another exciting development, the Shiba Inu Community removed 86,244,950 (86.24 million) SHIB from circulation forever through seventeen separate transactions in the past 24 hours. This intense burning activity has caused the overall Shiba Inu burn rate to surge by 77.54% over the last day.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



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.

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