Shiba Inu Whales Transfer Trillions Amidst Shibarium Launch

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Source: NewsBTC
Shiba Inu Whales Transfer Trillions Amidst Shibarium Launch
Photo: NewsBTC
TL;DR Summary

A Shiba Inu whale recently transferred a staggering 4.6 trillion SHIB tokens, equivalent to $40 million, in a single day. The source and recipient of these tokens remain unknown, sparking curiosity about the whale's intentions. The transfer coincided with the Shibarium Mainnet launch, which initially caused a drop in SHIB's price. However, the developers quickly addressed a glitch in the Bridge, restoring confidence in the ecosystem. Despite uncertainties, different whales and significant holders of Shiba Inu tokens have shown varying reactions, highlighting diverse strategies and viewpoints within the community.

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