Coin Edition -
- An anonymous investor recently purchased 4 trillion Shiba Inu (SHIB) tokens.
- Despite a 6.04% daily drop, SHIB shows bullish signs, increased trading volume, and sustained buying pressure.
- Shibarium’s innovative token burn mechanism, using 70% of fees, sets a new precedent in SHIB’s market dynamics.
An anonymous investor recently purchased 4 trillion Shiba Inu (SHIB) tokens. Valued at $42 million, this transaction represents the largest individual SHIB purchase recorded in December. Uniquely, the transaction bypassed cryptocurrency exchanges, taking place directly between wallets. Whale Alert, a cryptocurrency wallet tracker, initially reported this substantial token transfer on X (formerly Twitter).