Crypto transaction of 3,272,307,240,798 SHIB By Mysterious SHIB Whale

As the most popular meme coin gets ready for a long-awaited update, a mysterious crypto whale is suddenly moving trillions of Shiba Inu (SHIB).

Tracking service for blockchain Whale Alert shows that the crypto investor with a lot of money moved 3,272,307,240,798 SHIB, worth $38.87 million at the time of the transfer, from a wallet whose owner was unknown to another wallet.

Whale Alert also shows that the Shiba Inu whale paid transaction fees of 0.000725 ETH, worth $1.14.

Etherscan says that the wallet that sent the money got over 3.31 trillion SHIB four days ago and has no SHIB left in it right now. The immense Shiba Inu treasure is still in the wallet that received it.

At the time of writing, Shiba Inu is worth $0.00001153. After starting the year at $0.00000809, the top competitor to Dogecoin (DOGE) is now up more than 42%. Even though SHIB has gone up in the last 31 days, it was still down more than 86% from its all-time high in October 2021.

The Shiba Inu community can’t wait for Shibarium, a layer-2 solution built on the Ethereum (ETH) blockchain, to be released. The update’s goal is to make Ethereum more scalable, like Polygon (MATIC) and Optimism (OP). One of Shiba Inu’s leading developers has hinted that Shibarium will be out soon, but the project has been quiet about when the update will come out.