According to the recent data shared by Whale Alert on its official handle, a whopping 1,060,594,914,000 (1.06T) SHIB, worth $12,156,362 ($12.15M), to Coinbase in one transaction.
Coinbase Receives A Whopping Amount Of SHIB From Unknown Wallet
Whale Alert stated that the massive transaction was done by an anonymous wallet to Coinbase, the US largest cryptocurrency exchange.
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Shiba Inu Experiences Spike In Price After Overcoming Resistance
It is worth noting that the transaction was made following the Shiba Inu retreating from the resistance point at $0.00001157 on the 4-hour chart. The chart reveals that the SHIB trading has been on a narrow sideway pattern extending from $0.00001077 to $0.00001157.
Shiba Inu displayed some positive prominent move in price on October 5th, 2022 as it experienced a 2-week all-time high of $0.00001178 while trying to pierce the key barrier but unfortunately failed to stabilize its value and fell back a little.
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However, Shiba Inu, the second-largest meme cryptocurrency is at key resistance as it trades at around $0.00001151, up 2.83% over the last day, having a $339,434,345 24-hour trading volume.
Shytoshi Kusama Unveils Plans For Profits From Shiba Eternity
Shytoshi Kusama recently said a portion of profits from Shiba Eternity will be invested to brace up the community long-term. He further said noted that part of the gain would be sent to non-profit groups working towards good causes with nothing expected in return. While the developer does not specify the percentages for these projects, he asserts that no less than 45% of the proceeds for the game will be allocated to them.
[…] Read Also: Over 1 Trillion SHIB Is Transferred To Coinbase From An Unknown Wallet In One Transaction […]