A Shiba Inu Whale Moved $25.6 Million Worth Of SHIB In A Big Transaction — Here's Where The Crypto Went
Portfolio Pulse from Bibhu Pattnaik
A Shiba Inu whale moved over 3 trillion SHIB tokens worth $25.6 million between unknown wallets. Shibacals, a new feature allowing SHIB-themed NFTs to be converted into physical objects, has emerged in the Shiba Inu ecosystem. SHIB is trading at $0.007407, up 12% in the last seven days.
June 18, 2023 | 4:26 pm
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A Shiba Inu whale moved $25.6M worth of SHIB, and the emergence of Shibacals could boost the SHIB community. SHIB is up 12% in the last seven days.
The large transaction by a Shiba Inu whale indicates significant interest in the cryptocurrency. The emergence of Shibacals, which allows SHIB-themed NFTs to be converted into physical objects, could increase engagement and demand for SHIB tokens. The 12% increase in SHIB's price over the last week suggests a positive short-term impact.
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IMPORTANCE 75
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