A mysterious crypto whale has transferred 3 trillion SHIB tokens.
Shiba Inu's SHIB token has emerged as one of the most popular coins to hodl among Ethereum whales.
ETH whales have also been scooping up large amounts of the
Shiba Inu ecosystem's second most popular token BONE.
On October 18, a mysterious
crypto whale transferred 3 trillion SHIB tokens worth $34 million. Whale transfers $34 million worth of SHIB
The ongoing crypto winter is yet to deter Ethereum whales from purchasing or shifting large amounts of
SHIB. According to data from WhaleAlerts, one mysterious whale has recently transferred 3 trillion ($34 million) worth of SHIB tokens.
According to data acquired from
WhaleStats, Shiba Inu is the second most-held token among the top 100 Ethereum whales.
In addition, Shiba Inu's BONE has attracted much interest from Ethereum whales. As per
WhaleStats, BONE is one of the most used smart contracts among the top 1000 Ethereum wallets. Why are whales keen on Shiba Inu (SHIB)?
There are many reasons why some whales are showing interest in the Shiba Inu ecosystem. One reason could be the highly anticipated launch of
Shibarium, a layer 2 blockchain network backed by Shiba Inu.
In addition, the Shiba Inu team has recently launched its highly anticipated video game,
Shiba Eternity, which reached over 100k downloads on Google Play.
Another clue could be the anticipation of
SHIB: The Metaverse. Although no release date has been confirmed, Shiba Inu's metaverse project is highly anticipated in the Shiba Inu community.
Shiba Inu's metaverse development has necessitated the
expansion of the Shiba Inu team.
Some whales may be anticipating a
SHIB price rally soon given the ecosystem's " fervent" following, but nothing is guaranteed.
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