Enormous amount of SHIB withdrawn from Bitvavo exchange to unknown wallet, here\u0027s what SHIB community thinks about it
According to a recent X post published by the popular crypto tracker Whale Alert, approximately two hours ago it registered a massive amount of Shiba Inu meme coins transferred from the cryptocurrency exchange Bitvavo based in Amsterdam.This may signify that although SHIB was pushed back to 19th place on CoinMarketCap recently, large investors are still interested in this meme coin as an investment tool. This amount of SHIB is worth $33,132,403.
Aside from that, the bot reported that one fresh whale had bought and withdrawn 292.53 billion SHIB worth $2.13 million from the Coinbase exchange in the past three weeks.Over the past 24 hours, the SHIB army has managed to achieve significant progress in burning SHIB coins. During this recent period, they have transferred a total of 50,430,344 SHIB to dead wallets, thus raising the SHIB burn rate by more than 50%.
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