3.38 Trillion Shiba Inu Moves To A Newly Born Wallet

The mysterious wallet transferred $34.88 Million worth of Shiba Inu (SHIB) to an anonymous wallet.

Whale Alert, the most advanced blockchain tracker, recently reported that the mysterious wallet had relocated a gargantuan 3,388,119,787,804 (3.38T) SHIB, worth $34,887,130 ($34.88M) to the anonymous wallet in one robust transaction executed about an hour ago.

? ? ? 3,388,119,787,804 #SHIB (34,887,130 USD) transferred from unknown wallet to unknown wallethttps://t.co/CkmBbOQoRh

— Whale Alert (@whale_alert) October 18, 2022

As per Etherscan.io data, the anonymous wallet is just created and only holds Shiba Inu as of writing.

34.88 Million worth of Shiba Inu on the Move

The transaction comes after the world’s leading enterprise application Software Company, SAP SE, entered into a partnership with the world’s largest provider of digital asset payment services, BitPay, to enable crypto payroll payments, including Shiba Inu. Through this partnership, SAP SE employees will be able to receive a portion of their pay in crypto.

Shiba Inu is still the biggest holding among the top 2000 ETH whales. WhaleStats, the top 2000 ETH wallets, collectively hold $128,726,447 ($128.72M) worth of SHIB in their wallets.

? The top 2000 #ETH whales are hodling

$128,726,447 $SHIB
$87,751,639 $MKR
$71,853,975 $BIT
$69,858,544 $PAXG
$60,109,086 $UNI
$52,658,480 $LOCUS
$47,341,043 $LINK
$37,149,097 $MANA

Whale leaderboard ?https://t.co/R19lKnPTii pic.twitter.com/HZuJsJgjPx

— WhaleStats (tracking crypto whales) (@WhaleStats) October 17, 2022

However, this massive transfer of Shiba Inu tokens among whales didn’t immediately impact the SHIB price. At press time, Shiba Inu is trading at the price of $0.00001025, down -1.68% over the last day, with a 24-hour volume of $123,292,270 ($123.29M).

Source