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Massive Transfer of 2.4 Trillion Shiba Inu Coins from Binance.US Detected by Whale Alert as Burn Rate Plunges

Whale Alert has reported a massive transfer of Shiba Inu coins worth over $18 million from Binance.US to an anonymous wallet. Despite the upcoming launch of its Layer 2 blockchain, Shibarium, SHIB has dropped to 20th place by market cap.

The Shibburn explorer shows that the burn rate of SHIB has decreased by 22.16% in the past 24 hours, with 84,946,889 SHIB burned. The price of SHIB has been trading in a range, unable to surpass the $0.00000784 resistance and staying above the $0.00000765 support line.

Shiba Inu Shiba Inu $0.00
+3.74%
Binance.US SHIB
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