Over 2 Trillion SHIB Wired as Altcoin Hype Reaches Its Peak

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Over 2 Trillion SHIB Wired as Altcoin Hype Reaches Its Peak
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$SHIB whales have wired 2 trillion meme coins, here's what's driving this move. Shibarmy shibaplay_ santimentfeed

among anonymous wallets, and half of this amount was sold on a major U.S. exchange.

On Nov. 28, the price of Shiba Inu suddenly dropped by slightly over 6%. However, by now, the meme coin has almost completely regained this loss.Twitter user @shibaplay_, who follows major transfers of SHIB on Etherscan and shares them with his followers, has spread the word about the equivalent of nearly $20 million in Shiba Inu transferred 16 hours ago. That was two chunks of the second largest meme token, carrying 1,060,594,914,048 SHIB each.

One of these lumps was sent to the U.S. public trading crypto exchange Coinbase, most likely to be sold. The other lump was moved from one anonymous token to another. The receiving address now contains 18,113,302,000,496 Shiba Inu worth $167,366,910.Another lump of this meme coin, much smaller, was also transferred between two anonymous whales, in the amount of 101,686,305,164 SHIB.

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