On September 23, Whale Alert reported a transfer of over 4 trillion Shiba Inu (SHIB) coins, worth $33.38 million, from Bitvavo exchange to an unknown wallet. The transfer has sparked market speculations, with theories ranging from a potential sale to a whale redistributing their cryptocurrency holdings. However, the true nature of the transfer remains unknown. In the last 24 hours, 247,753,783 SHIB tokens were burned through a dozen transactions, elevating the overall burn rate by 35.88% from yesterday. The Shiba Inu price was trading at $0.000007356, noting a surge of 0.80% in the last 24 hours.
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Whale Alert: 4 Trillion SHIB Coins Transferred in Cryptocurrency Exchange
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