Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result
Home Altcoin News

Massive Shiba Inu Whale Moves 4 Trillion $SHIB Tokens!

Ian Ogutu by Ian Ogutu
July 13, 2023
in Altcoin News, General News
Reading Time: 2 mins read
A A
0
Shiba Inu Whales Invest In 6.5Trillion SHIB Tokens After The Shibarium Protocol Airs Out
Share on FacebookShare on Twitter
ADVERTISEMENT

The Great Shiba Inu whale rose up after being inactive for 157 days to share out 4 trillion Shiba coins that can fit into 8 wallets. This whale is referred to as the greatest keeper or holder of the SHIB tokens. The moves made may have been in response to the announcement Shytoshi Kusama made on the Shibarium mainnet. Shytoshi Kusama is the creator of the Shiba Inu.

Shiba Inu Whale

A giant whale with 101.47T $SHIB($756M, 10.15% of the total supply, probably the largest holder) transferred 4T $SHIB ($29.8M) to 8 fresh addresses today.

The whale has not made any large transfers for 610 days.https://t.co/3yewExpQa4 pic.twitter.com/LvVCKVnrSJ

— Lookonchain (@lookonchain) July 13, 2023

On July 13th, Lookonchain revealed that a large whale with 101 trillion Shiba Inu tokens worth 756 million dollars moved 4 trillion SHIB worth 29.8 million dollars to 8 new addresses. This whale is said to carry about 10% of the total supply of the SHIB token. Transfers have not been taking place for the past 610 days therefore accumulation and distribution of Shiba Inu tokens has been taking place. The whale is also known for buying the tokens from dips.

In the year 2020, the large animal bought 103 trillion Shiba tokens. It then sold 603 billion SHIB for 2411 ETH which sums up to 9.6 million dollars. In 2021, 1.25 trillion SHIB worth 8.77 million dollars was sent to the Coinbase exchange market. The whale has 101.47 trillion SHIB worth 756 million dollars distributed in 23 wallets.

You May AlsoLike

FTX CEO Sam Bankman-Fried Denied Release as October Trial Looms

FTX CEO Sam Bankman-Fried Denied Release as October Trial Looms

September 29, 2023
Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

September 29, 2023

According to Spot on Chain, 7049 tokens were bought 157 days ago. The main wallet currently holds 6.20 trillion SHIB worth 46 million dollars. The news comes after Shytoshi confirms that the long-awaited L2 token will be released during the Blockchain Futurist Conference in Toronto, Canada from August 13th to 17th.

The Shiba Inu network and ecosystem will be having the Doggy DAO and the SHIB DAO Foundation that handles the decisions, holds, and manages the assets of the DAO.

Tags: SHIB whaleShiba Inu (SHIB)shiba inu newsshiba inu whale
Share76Tweet48
ADVERTISEMENT
Previous Post

Taxation on Digital Assets: U.S. Senate Committee Urges Implementation

Next Post

Coinbase-SEC’s 1st Hearing: What To Expect?

Ian Ogutu

Ian Ogutu

Related Posts

FTX CEO Sam Bankman-Fried Denied Release as October Trial Looms
General News

FTX CEO Sam Bankman-Fried Denied Release as October Trial Looms

September 29, 2023
Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide
Crypto Exchanges

Crypto.com And PayPal Set To Dominate PYUSD Trading Worldwide

September 29, 2023
Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins
Altcoin News

Memeinator: The Crypto Hero On A Mission To Cleanse Meme Coins

September 28, 2023
Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support
Crypto Exchanges

Binance Advises Euro Users To Convert To USDT As Paysafe Ends Support

September 28, 2023
XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023
Altcoin News

XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023

September 27, 2023
BlockFi Moves Closer To Repaying Customers As Court Gives The Nod
Crypto Exchanges

BlockFi Moves Closer To Repaying Customers As Court Gives The Nod

September 27, 2023
Next Post
Coinbase-SEC’s 1st Hearing: What To Expect?

Coinbase-SEC's 1st Hearing: What To Expect?

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    201 shares
    Share 80 Tweet 50
  • XRP’s Path To Success: 3 Reasons Ripple Could Explode In 2023

    199 shares
    Share 80 Tweet 50
  • Elon Musk’s Silence And Its Impact On DOGECOIN

    194 shares
    Share 78 Tweet 49
  • 3 Cryptocurrencies To Avoid Trading In The Upcoming Week

    194 shares
    Share 78 Tweet 49
  • Bitcoin (BTC) vs. Worldcoin (WLD) Comparative Study

    192 shares
    Share 77 Tweet 48
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2023 CryptoMufasa - All Rights Reserved!

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2023 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.