{"id":178315,"date":"2023-10-21T04:30:48","date_gmt":"2023-10-20T23:00:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=178315"},"modified":"2023-10-21T04:30:48","modified_gmt":"2023-10-20T23:00:48","slug":"shiba-inu-whale-abruptly-moves-4560030677374-in-shib-heres-where-the-cryptos-headed-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-whale-abruptly-moves-4560030677374-in-shib-heres-where-the-cryptos-headed-crypto-news\/","title":{"rendered":"Shiba Inu Whale Abruptly Moves 4,560,030,677,374 in SHIB \u2013 Here\u2019s Where the Crypto\u2019s Headed – Crypto News"},"content":{"rendered":"

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On-chain data shows a crypto whale just moved a massive amount of the memecoin Shiba Inu (SHIB<\/a>).<\/p>\n

According to the crypto whale-watching service Whale Alert, an Ethereum (ETH<\/a>) address suddenly moved<\/a> 4.56 trillion SHIB tokens worth about $31.41 million to a new address earlier today.<\/p>\n

According to blockchain analytics firm Arkham Intelligence<\/a>, the address<\/a> that initiated the transfer is associated with Coinbase Prime, Coinbase\u2019s platform that caters to institutional investors and provides services like over-the-counter (OTC) trading and cold storage.<\/p>\n

The address<\/a> that received the tokens appears to be newly created, according to Etherscan data.<\/p>\n

According to Shibariumscan<\/a>, the block explorer of Shiba Inu\u2019s layer-2 blockchain, Shibarium has reached 1,255,181 wallets and has completed 3,524,173 transactions since its inception.<\/p>\n

After the new chain cracked the 1 million wallet milestone last month, Shibarium developer Kaal Dhairya said<\/a> that the project team was preparing a promotional campaign for new projects being built on the chain.<\/p>\n

\u201cWe have achieved \u2013 and aim to maintain \u2013 our status as one of the fastest and cheapest layer-2 networks out there. (I also read somewhere that some people are unhappy that the gas prices are very low in the network, which made me chuckle)\u2026<\/em><\/p>\n

Please use the explorer to DYOR (Do Your Own Research) and also to verify any new or existing contracts deployed to the network. Soon, we will begin promoting projects that are built on top of Shibarium. We won\u2019t be able to do this if your contracts aren\u2019t verified. Thus, please make sure to use the Blockscout contract verification system.\u201d<\/em><\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

On-chain data shows a crypto whale just moved a massive amount of the memecoin Shiba Inu (SHIB). According to the crypto whale-watching service Whale Alert, an Ethereum (ETH) address suddenly moved 4.56 trillion SHIB tokens worth about $31.41 million to a new address earlier today. According to blockchain analytics firm Arkham Intelligence, the address that […]<\/p>\n","protected":false},"author":2,"featured_media":110204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-178315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=178315"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178315\/revisions"}],"predecessor-version":[{"id":178317,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178315\/revisions\/178317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/110204"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=178315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=178315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=178315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}