Cryptocurrency investors, which altcoin He follows the moves of the big players when deciding to buy his unit. Owners of large wallets called “Whales” are constantly on the social media agenda with their altcoin purchases. Blockchain followers have discovered that the three big whales have had a huge amount in recent history. Shiba Inu (SHIB)he found out.
According to Etherscan data, a cryptocurrency whale bought 4.2 trillion SHIBs about 5 days ahead. The big wallet moved the joke-themed altcoin to other addresses in different amounts after a while.
Crypto trackers revealed that 2 other whale addresses bought similar amounts of coins and moved them elsewhere.
The researchers found that the wallets in question were indirectly linked to the Coinbase exchange. This situation leads to comments that the transactions in question may have been instrumental in the exchange’s routine transfer tests rather than an investment.
Shiba Inu (SHIB) Price
The dog-themed cryptocurrency has been attracting attention with its good performance recently due to Elon Musk-related speculation. Having hit a local bottom at $.655 in mid-June, SHIB has gained 25% to date.
The altcoin, which is closely followed by crypto lovers, is currently trading at $ ,822.