Hell of a SHIBburn rate surge noticed as millions of ShibaInu were removed from circulation $SHIB memecrypto
As reported by U.Today earlier this week, IntoTheBlock data aggregator shared that major SHIB holders have been rapidly acquiring massive amounts of this prominent meme cryptocurrency.
Just within 24 hours this week, their holdings spiked by over 20 trillion SHIB. Last time similar spikes in this metric were detected in late March and prior to that it happened in January as 2023 only kicked off.On May 17, an anonymous wallet received four jaw-dropping transactions, each carrying. That immediately turned the owner into the fifth largest SHIB whale in the crypto space as he received 20 trillion SHIB in total.
Prior to that, though, he also received over 3 billion Dogecoin, thus becoming the fifth biggest DOGE holder as well. These SHIB and Dogecoin transfers were noticed by several crypto tracking platforms — Whale Alert and Lookonchain, which they immediately shared with the crypto community. At the time of this writing, SHIB is changing hands at $0.0000868 after a small, 0.33%, drop during the past 24 hours, according to data provided by CoinMarketCap.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shiba Inu Makes Official Announcement on SHIB Wallet Preorder DateShiba Inu gives official update as SHIB-themed wallet set to be unleashed ShibArmy Tangem SHIBCommunity
Read more »
Shiba Inu (SHIB) Scores New Exchange Listing: DetailsShiba Inu (SHIB) to gain further exposure to million more users following this exchange listing
Read more »
Prescribed burns at Creamers Field provide multiple benefitsAnnual prescribed burns help the habitat, improve public safety and train new firefighters.
Read more »
Grit, toughness, talent – name it – Booneville's Hallie Burns showed itHallie Burns helped hit the Blue Devils to a 7-4 victory over West Marion for a third straight Class 3A State Championship. And, yes, she’s the same Hallie Burns who helped win a second straight state basketball championship less than three months ago.
Read more »
Employee killed in Marathon Petroleum fire died from burns, smoke inhalation, medical examiner saysThe medical examiner's office said the worker died from burns and smoke inhalation. A report revealed that a pump leak may have caused the deadly fire, though it's still under investigation.
Read more »