More than 281 billion Shiba Inu (SHIB) were moved to different wallets by unidentified whales in three transactions.
Recently, the value of Shiba Inu, one of the popular memecoins, has increased with the release of the Shiba Eternity game. Shiba Inu, which usually comes to the fore with burning rates in the crypto industry, this time comes up with three transactions made by whales.
Whales Move Over 281 Billion Shiba Inu to 3 Anonymous Accounts
More than 281 billion Shiba Inu were transported by unidentified whales to different addresses in three transactions.
Etherscan data shared by ShibaPlay Twitter user shows that a total of more than 281 billion SHIBs have been transferred to anonymous wallets in the last 24 hours.
Whale alert 🚨: 120,670,363,906 $SHIB transferred.
check details 👇🏻 https://t.co/4OJDzk1pqa— ShibaPlay (@shibaplay_) September 2, 2022
The Twitter user said there were three transfers carrying 120,670,363,906, 83,341,872,681 and 77,950,331,254 Shiba Inu.
The wallet that bought 83,341,872,681 SHIB and then moved to another wallet, or possibly sold, subsequently made 3 more major purchases of Shiba Inu, amounting to 243,639,085, 269,636.464, and 269,490,967.
Taking advantage of current price fluctuations, whales buy when SHIB is down and sell when its price rises, albeit briefly, making a profit.
According to Etherscan data, a large amount of Shiba Inu was sent simultaneously from three wallets to the same Binance wallet.