An anonymous SHIB whale transferred trillions of tokens

The crypto whale transferred $46.6 million worth of SHIB.

According to data from Whale Alert, the SHIB whale transferred 4,254,147,213,294 SHIB to another anonymous wallet.

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The transfer comes after SHIB saw a massive surge in the last 24 hours. According to Shibburn, a Shiba Inu follower account, the protocol's burn-rate has increased by 2,183% over the past day.

Shibburn revealed that 54.6 million SHI were burned in the last 24 hours, bringing the total amount of tokens burned to 410 trillion.

The Shiba Inu team launched its layer-2 scaling solution, Shibarium, earlier this year. After its release, the protocol experienced several technical issues, with millions of dollars worth of assets causing the project to get stuck on the Ethereum bridge. The problem was solved by the developers, and millions of transactions took place on the protocol every day. Shibarium reached 7.53 million transactions in the last 24 hours.

At the time of writing, SHIB is trading at $0.00001055, according to CoinMarketCap data.

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GateUser-9e98099fvip
· 2023-12-27 06:38
HODL'A DEVAM🤫
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