Whales have had their fill of Shiba Inu in the past hour
According to data shared by Etherscan, in the past hour, several major Shiba Inu transactions have been spotted, moving nearly 35 billion SHIB meme coins.
These investors bought SHIB by the billions; two of those transfers moved over 10.37 billion meme plays each. One of these transactions was made from the Coinbase exchange.
The third transfer moved over 11 billion Shiba Inu, and the last transferred 2.1 billion SHIB, also from a Coinbase wallet.
SHIB Price Struggles to Recover After Fall
Over the past 24 hours, the Shiba Inu price has attempted to recover from yesterday’s 3.70% drop. To date, the second most popular meme coin has risen 1.57%, trading on the Binance exchange.
Currently, SHIB is trading back in the $0.00001091 rangewhere it changed hands over the past week.
Shibarium beta reaches new milestones
Earlier today, SHIB influencer Lucie Sasnikova announced new milestones for Shibarium testnet Puppynet.
According to his tweet, the total number of transactions exceeded the 2.2 million mark. The number of daily transactions jumped to nearly one million. As for the number of connected wallets, it reached 365,282.