Whale Alert: 150 Billion Shiba Inu (SHIB) Bought by Anon Whale

Whale Purchases Whopping 100 Billion Shiba Inu (SHIB)
  • Last week another “whale” bought more than 560 billion SHIB.
  • The Shibarium public beta testnet is expected to become live in October.

Shiba Inu has rapidly become one of the most well-known meme coins. Despite being worth less than DOGE, its development has far outpaced rival cryptocurrency.

Multiple projects, including the Shiba Inu Eternity game and the Shibarium have been under development with constant effort from the crew. Since it has become more well-known, SHIB has become more interesting to whales.

Multiple whales have amassed an incredible number of SHIB. The whale market has also been rather active, with many whales buying and selling SHIB. According to one of Etherscan’s most recent data sets, Anon whales have devoured 150 billion SHIB.

High Volatility Expected This October

The Etherscan data shows that a so-called “anon whale” has transferred 150 billion SHIB to a cold wallet. A SHIB wallet address on the Crypto.com exchange has been credited with the funds. The whale possesses 23.9 trillion SHIB after the massive trade.

A week ago, when the SHIB token rose marginally in value, another “whale” bought more than 560 billion of them. The whales may be positioning themselves for a larger price rise in SHIB during the coming week. This might be due to the fact that word of Shiba Eternity’s October 6 release date spread. The Shibarium public beta testnet is expected to become live in October.

The Shiba Inu (SHIB) community has been eagerly awaiting the introduction of its collectable card game. The network has been improving in this way for a while now. The game has recently expanded into new regions throughout the globe. However, on October 6th, the Shiba Eternity will be demonstrated to the world.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.