More than 8 billion Shiba Inu tokens have been moved by large investors over the past hour
According to data published by etherscan, in the last hour cryptocurrency whales have moved more than 8 billion SHIB, the second largest cryptocurrency even by market capitalization value in the market.
Aside from that, whales have also acquired large amounts of LUNA and LINK: 40,000 LUNA (worth $4,110,000) and 452,201 LINK (the equivalent of $452,201).
Whales move 8.5 billion SHIBs
The Etherscan tracker shows that in the last hour, two massive SHIB transactions were conducted, carrying 4.3 billion and 4.2 billion meme tokens related to the Shiba Inu dog breed.
The amount of 8.5 billion SHIB constitute $208,165. A total of 4,389,070,874 was moved by MEV.bot to an anonymous address.
A total of 2,495,921,532 SHIBs were shoveled from an unknown address to a Binance wallet, presumably to be sold later.
The final transfer—2,080,230,000 tokens—was made between two anonymous addresses.
Shiba Inu remains one of the most consistent bets whales have made on crypto. As reported by U.Today, on April 3, a whale called “Tsunade” acquired a staggering 86 billion meme tokens.
This major ETH whale buys 175 billion SHIB
Among other “constant” purchases of SHIB are the two whales who named their wallets after characters from iconic fantasy novels written by J.R.R. Tolkien in the middle of the previous century: “The Hobbit” (“Bombur” wallet) and “The Lord of the Rings” (“Gimli” wallet).
On April 1, “Bombur” acquired the colossal sum of 175 billion SHIB. There’s also the third “Tolkien” whale – “Tom Bombadil” – but he has yet to be spotted buying Shiba Inu.
