Investing.com - Financial Markets Worldwide
🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

SHIB Whale Activity Surges as the Meme Coin Drops Below $0.00001

Published 18/08/2023, 20:54
SHIB Whale Activity Surges as the Meme Coin Drops Below $0.00001
SHIB/USD
-

  • Santiment revealed in a tweet yesterday that whale activity for SHIB spiked over the past few days.

  • According to the post, 4.7 trillion SHIB coins were sent to a cold wallet, making it the 7th largest wallet on the network.

  • At press time, SHIB was changing hands at $0.000008362 following a 24-hour loss of 9+%.

The blockchain intelligence firm Santiment revealed in a tweet yesterday that Shiba Inu (SHIB) has experienced a spike in whale activity after the meme coin’s price plummeted below $0.00001. According to the post, 4.7 trillion SHIB coins, estimated to be worth $41 million, were moved to a new cold wallet — making it the 7th largest wallet on the network.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.