Nearly $1.7 million worth of Shiba Inu has been sent anonymously, here’s where


Over 10 hours ago, 150,000,000,000 Shiba Inu meme coins were transferred from an anonymous address. Data from Etherscan shows the destination of this massive lump of SHIB coins. Another big amount of Shiba Inu was sent just a couple of hours ago – 73,084,292,466 SHIB.

The hefty amount of meme crypto was shifted from the anonymous wallet 0xcffad3200574698b78f32232aa9d63eabd290703 to an address on the Crypto.com exchange, apparently to be sold. The sending address still contains 23,960,793,824,370 (23.9 trillion) Shiba Inu evaluated at $266,444,027.

Over the past month, this whale has moved several massive lumps of SHIB to Crypto.com: 160,000,000,000, 160,000,000,000; 200,000,000,000; 150,000,000,000 and 160,000,000,000 Shiba Inu – 830 billion meme coins in total, according to Etherscan.

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Together with today’s 150,000,000,000 SHIB transactions, this adds up to 980 billion meme coins. As for the 73 billion chunks, it was staked in the Uniswap exchange pool.

This SHIB remains the top-held asset in USD According to WhaleStats’ website, the second largest meme token by market capitalization, Shiba Inu, still holds the position of the biggest holding in USD value. Currently, the top 100 whales on Ethereum own $135,337,214 worth of this meme coin. This comprises 5.4% of these whales’ portfolios.

Mysterious Shiba Inu (SHIB) Wallet Burns 40 Million Meme Coins

Over the past 24 hours, 53,663,523 Shiba Inu coins have been burned by various entities and individuals within the SHIB army. However, this anonymous wallet burned nearly all of these meme tokens in just one transaction.

Among the seven transactions shown by the Shibburn website, one stands out as the biggest burn transfer – 40,108,730 meme coins – conducted 16 hours ago. The second biggest is far away from it, as it burned as little as 1,839,271 SHIB.

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Addresses 0xf7adc28b449bac7d2c6811ae8163cd9728eac8f5 proved to belong to the “Amazon burner” of Shiba Inu meme coins – smartphone game developer Travis Johnson, who burns SHIB every Sunday. One of his tools that brings him a tiny income for burning extra SHIB is an Amazon affiliate program.

This Sunday, he burned $447 worth of SHIB – 40.1 million coins. Johnson commented that this time he sent to a dead wallet a smaller amount than usual. However, “October is off to a good start.”

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