A number of large crypto wallets have concurrently transferred trillions of the highest memecoin Shiba Inu (SHIB) in a flurry of transactions.
Whale-watching bot Whale Alert initially witnessed consecutive Shiba Inu transactions to the tune of 6,087,952,185,06 SHIB price over $65 million.
Whale Alert first caught the transfer of 1,920,298,469,247 SHIB price $20.51 million from an unknown pockets to a different unknown pockets. The Shiba Inu whale shelled out $1.37 in switch charges to relocate the large SHIB trove.
In a matter of seconds, a separate handle moved 2,247,355,246,569 SHIB price over $24 million from a pockets of unknown origin to a different pockets of unknown origin.
? 2,247,355,246,569 #SHIB (24,008,496 USD) transferred from unknown pockets to unknown pocketshttps://t.co/r50rH80kYl
— Whale Alert (@whale_alert) April 3, 2023
The SHIB investor with deep pockets paid simply $1.37 in switch charges to maneuver the large Shiba Inu stack.
A 3rd switch saw the motion of one other batch of 1,920,298,469,247 SHIB price $20.51 million between wallets of unknown origin. In accordance with Whale Alert, the massive entity paid the identical $1.37 in switch charges to course of the multi-million-dollar transaction.
The entire massive transactions occurred throughout the similar minute, which signifies {that a} huge Shiba Inu whale could possibly be behind the transfers.
The large Shiba Inu actions come as the highest memecoin flashes indicators of life over the previous week. SHIB ascended from a low of $0.00001029 on March twenty eighth to a weekly excessive of $0.00001146, marking positive aspects of over 11%.
SHIB has barely retraced because the weekly excessive and is buying and selling for $0.00001119 at time of writing.
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