The largest Shiba Inu transaction in history, the XRP Whale transfers 20 trillion SHIB

Over 20 trillion SHIB are transferred from Binance to the whale wallet by an XRP whale. More than 20 trillion SHIB ($210,105,912 million) is involved in the whale transfer.

The XRP whale’s XRP holdings have now decreased to 5% while its SHIB holdings have increased to 20.89%. The exchange was regarded as the single largest exchange in Shiba Inu history. Over 48.7 trillion SHIB are currently in the whale’s wallet.

Increased whale interest in SHIB

SHIB is getting close to launching Shibarium layer-2, which may be the cause of the recent transfer of Shiba Inu by whales. Whales appear to have been attracted to this launch in large numbers, and they appear to be becoming more interested in the memecoin. The whale that had been dormant began to act in May, precisely when rumors about Shibarium began to circulate on social media.

The whale has accumulated over 25 trillion Shiba Inus as of May 31, 2022. The transfer was done from Binance, according to the information from etherscan.

The wallet has surpassed all other significant Shiba Inu whales in terms of the whale with the greatest SHIB holding, according to statistics from etherscan. This enormous XRP whale outperformed the whale wallet with the tag “light,” which was storing more than 32.9 trillion. Together, the two Whale Wallets hold 8.1704 percent of all Shiba Inu that are currently in existence.

Shiba Inu has returned to the list of the top ten acquired tokens among the top 100 ETH whales, suggesting that Ethereum whales are also showing an interest in the coin. The largest token holding in terms of dollar value is likewise held by SHIB. SHIB is the third-largest token held by the top 100 ETH whales, according to statistics from WhaleStats. 16.37 percent of the top 100 ETH whales’ holdings are held by SHIB.

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