Urgent: whales, the most famous digital currency, is moving again.. it sweeps the top 100 By Investing.com


© Reuters

Investing.com – The cryptocurrency whales that ignited the crypto market in 2021 with record-breaking spikes above 150,000,000% seem to be starting their intense moves again.

According to a new data from Etherscan, in the past 24 hours, a total of more than 281 billion {{1177506|Investing.com Index}} coins were moved by anonymous wallets, following the sale of 115 billion SHIB on Friday.

With the spread of the phenomenon of meme coins and dog coins such as Shiba Inu and Dogecoin, which found support from business and financial magnates such as Elon Musk, some submerged coins began to reappear, and investing in them involves high risks, and may reach the point of losing all your money, so you should be careful Caution, as all the data contained in the report is merely a monitoring of price fluctuations according to the trading platforms.

400 million tokens

Three transfers, carrying 120,670,363,906, 83,341,872,681 and 77,950,331,254 Shiba Inu were reported by user shibaplay.

The wallet (0xee4c8c3ac157eb287e8b385820f190b4663ca37c) was the destination of the first (and largest of the three) transaction, which took place over 13 hours ago.

As for the wallets that received SHIB 83.3 million and SHIB 77.9 million, both wallets sent their coins away, and they are now empty of SHIB.

The wallet that received SHIB 83,341,872,681 and then transferred it to another wallet (or may have sold it) later received three more Sheba chunks, 243,639,085, 269,636,464 and 269,490,967. Shiba Inu, and all three SHIB payments were immediately sent to other addresses.

buy dip

With the current price fluctuations of the second largest meme coin, whales are making a profit by buying SHIB on a dip and selling it once the price has risen briefly.

Two days ago, a mysterious whale sent a total of 114,952,894,138 SHIB to a wallet ending in -7e6c, after that, this huge SHIB was sent to a Binance wallet.

According to reports received, it is likely to be sold, and at the time, this amount of SHIB was equal to approximately 1.4 million.

big project

In the early hours of September 3, SHIB announced that it had taken a bold step towards becoming a Metaverse universe. Through its official blog, it announced that the “We’re All Gonna Make It” (WAGMI) project was gaining momentum.

Explaining the details of the project, SHIB’s official statement revealed that it had researched several architectural designs from six different cities and early drawings showed that SHIB had identified Beijing, New Delhi, Japan, Hawaii, South Africa and Myanmar as places to build its new game.

Meanwhile it was a similar pattern with the burn rate dropping 47.19% with a total of 69,087,091 SHIB tokens burned during the same period.

chiba track

According to locals, at the moment the path may not be clear, but there is an additional advantage to consider and that the Chiba retains its number one position among whale collectibles. [ETH].

It may also be too early to call up snapshots of the impact of the project because it’s still in its early stages, plus, the metrics in the Chiba ecosystem were a bit inconsistent according to Santiment.

While active addresses over the 24-hour period have fallen to 4,939, trading in the past day has also fallen to 1.9 trillion tokens.

With these changes some analysts are seeing, the Chiba token, may appear unprepared to go green in the coming days, and investors may also need to watch a move as it could affect the momentum.

Chiba now

The Shiba Inu leads during these moments of trading today, Sunday, the rises of the 100 largest digital currencies, with an increase of about 10%, as it rose from levels of $0.0001218 to levels of $0.0001332.

On the other hand, the Chiba Inu rose from the bottom on August 29 to today’s high in the range of 15%, as it increased from the levels of $0.00001176, while the Chiba inu rose by 10% within a month.

The business of the Shiba Inu has increased by nearly 30% in sixty days and by 20% in ninety days, while the famous Mim coin is still declining by 61% since the beginning of the year and has a market capitalization of $7.3 billion and is ranked 13th among the currencies.

It is mentioned that some currencies involve blatant fraud and a major hoax that may destroy the fortunes of those looking for a foothold in the dreamland where catching up with a currency since its inception, it may be the new Bitcoin. It is a highly volatile and high-risk market, so you should be extremely careful when dealing with cryptocurrencies that can make you rich overnight, and may take your money in moments…

The article does not express a recommendation or nomination, but rather a mere monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.

Leave a Comment