1.356 trillion SHIB suddenly bought by 9 wallets: what is happening?

1.356 trillion SHIB suddenly bought by 9 wallets: what is happening?

Analytics

Content
Advertisement

Analytics

It coincided with the price of the second largest meme cryptocurrency, SHIB, which skyrocketed almost 8% in the last two days and a massive jump was seen in the burn rate of SHIB in the last 24 hours.

Trillions of SHIB absorbed by anonymous whales

@lookonchain revealed that nine wallets, belonging to two anonymous whales, purchased a mind-boggling 1.356 trillion Shiba Inu, paying $35.2 million in fiat money for them at an average price of $0.00002596 per meme coin.

HOT Stories
Ripple CTO Shuts Down XRP Dropout Speculation
Ripple CTO Shuts Down XRP Dropout Speculation
Meme Coin Crashes 85% Due to Insider Selling
Is a Hidden Bitcoin (BTC) Disaster Coming? XRP reaches a tipping point: what’s next? Shiba Inu (SHIB) on the road to victory?
Major US cryptocurrency exchange wants to raise $100 million before IPO

SHIB whales appear to have become more active this week. Aside from the massive SHIB buying mentioned above, on June 5, the same analytics data source reported that an anonymous “super large SHIB whale” amassed 715.9 billion SHIB meme coins. That cost him 4,849 ETH, valued at $18.44 million at the time of the transaction.

This second SHIB purchase was made by a whale that accumulated 5.5 billion Shiba Inu in the early days of SHIB for approximately $400 million and then sold that amount for approximately $121 million, when the price of SHIB reached two peaks. Therefore, he made more than $120 million in pure profits from those trillions of SHIB.

The purchases mentioned above took place when SHIB whales became active this week and coincided with the price of the meme coin soaring more than 10% on June 5, reaching a high of $0.00002630. Then there was a slight rally that caused the price to fall by 2.65%.

At the time of writing, Shiba Inu is changing hands at $0.00002258.

Related

Thu, 06/06/2024 – 08:27
Ripple CTO Issues Crucial Warning to XRP Community

SHIB burns soar 3.895%

Meanwhile, according to explorer Shibburn, overnight the Shiba Inu’s burning rate demonstrated an impressive increase, soaring by almost 3,895%. A total of 4,829,147 SHIB were transferred to non-fungible wallets (i.e. burned).

The largest burn transaction here brought 4,039,143 SHIB to a dead-end wallet about 15 hours ago.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة