29 Billion SHIB Transferred to and From Major Exchanges in Past Hour

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29 Billion SHIB Transferred to and From Major Exchanges in Past Hour
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Whales shovel 29 billion $SHIB within the past hour. ShibaInu Shibarium

have shoveled tens of billions of Shiba Inu meme tokens, moving them to and from various crypto trading venues.

Six massive transactions have been spotted by the analytics platform, each of them carrying at least one billion SHIB, while the largest one moved 10Among these transfers, one billion SHIB were withdrawn from the Binance exchange, two and a half billion SHIB were moved from KuCoin and deposited to Kraken and 10 billion SHIB were withdrawn from OKX and deposited to Kraken via the Wintermute market maker.

Data from various sources shows that whales' activity has increased recently as the launch of the Shibarium Layer 2 blockchain is to take place in less than a week from now – during the Blockchain Futurist Conference on Aug. 15 and 16.

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