A Mysterious Whale Transferred 114.9 Billion Shiba Inu

A Twitter user named @shibaplay_ recently tweeted a link to etherscan, which revealed that a mysterious whale transferred 114.9 billion Shiba Inu tokens.

A Mysterious Whale Transferred 114.9 Billion Shiba Inu 3

The sender’s address currently has no Shiba Inu because its SHIB balance has been depleted.

Etherscan shows that 114,952,894,138 coins were shifted from ETH wallet 0x593… to the 0x84fd… address. The sender’s wallet balance is now zero, and the receiver’s address first held nothing but the received amount of the meme coin.

Currently, 14,952,894,138 Shiba Inu have been transmitted to a Binance wallet, and the address only has 0.0000005 SHIB. The SHIB was delivered to Binance. That was not the only Shiba Inu cache delivered to the world’s largest exchange by trading volume. Three further addresses sent 272 million SHIB to the same Binance wallet.

Source: Etherscan

@Shibburn, a SHIB burn transaction tracker, has stated that during the last 24 hours, various members of the SHIB community have destroyed a total of 130,695,987 meme tokens.

This amount of SHIB, however, is less than that consumed the day before. According to the burn tracker website, this information has reduced the total SHIB burn rate by 69.59%.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.