$SHIB whales have bought trillions of ShibaInu in just couple of days. WhaleStats whale_alert memecrypto
This SHIB lump cost $38,870,101 in fiat currency. Such massive crypto transfers could be either a sign of an internal coin shift by an exchange, a purchase or whales redistributing their crypto between old and new wallets. No data from Whale Alert shows that this transaction was made by a crypto exchange.As reported by U.Today, over the past 24 hours, the burn rate of the Shiba Inu token after a poor performance shown over the weekend.
Half of that amount, 11.8 million SHIB, was removed by"Shib Super Store," a platform that uses the Amazon affiliate program to burn Shiba Inu, using commission fees obtained from sales. It is possible that the SHIB price is preparing for a breakout should buying pressure on the token increase. At the time of this writing, the asset is changing hands at $0.00001166, however, dropping by nearly 3% in the last 24 hours.
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