{"id":596531,"date":"2024-03-06T17:00:31","date_gmt":"2024-03-06T17:00:31","guid":{"rendered":"https:\/\/uniquehot.com\/?p=596531"},"modified":"2024-06-11T07:58:02","modified_gmt":"2024-06-11T07:58:02","slug":"shiba-inu-whale-1-25-trillion-shib","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/shiba-inu-whale-1-25-trillion-shib\/","title":{"rendered":"Shiba Inu Whale Shifts 1.25 Trillion SHIB Amid Market Volatility, Here\u2019s The Destination"},"content":{"rendered":"
SHIB’s recent price movement has been <\/span>nothing but explosive<\/span><\/a>. As of late, Shiba Inu has established itself as a leading performer in the cryptocurrency market, performing as high as 300% in a seven day timeframe.\u00a0<\/span><\/p>\n Interestingly, a large <\/span>SHIB transaction<\/span><\/a> seems to have caught the eye of investors. According to whale transaction tracker Whale_Alerts, 1.25 trillion SHIB tokens worth $51.3 million were sent into an unknown wallet. On further investigation <\/span>into on-chain data<\/span><\/a>, it was determined that the recipient wallet is a Robinhood-linked wallet address.\u00a0<\/span><\/p>\n Shiba Inu’s ecosystem is home to many whale investors, and transactions among these whales are not uncommon. According to on-chain <\/span>data from IntoTheBlock<\/span><\/a>, whale transactions greater than $100,000 have been increasing in the past few days. As a result, the number of transactions from this cohort spiked to 3,848 on March 5 as compared to 2,222 on March 4 and 845 on March 3. Furthermore, data from the on-chain analytics platforms shows that the total value of transactions greater than $100,000 has now reached $5.77 billion in the past seven days.<\/span><\/p>\nWhale Shifts 1.25 Trillion SHIB<\/h2>\n