Analyzing @OnchainDataNerd, numerous noteworthy cryptocurrency transactions totaling over four trillion SHIB have been found, moving the main American exchange Coinbase cumulatively. It is believed that SHIB moved has a total worth in fiat close to $100 million.
Ten wallets sent a remarkable 4.29 trillion SHIB to the leading U.S.-based crypto trading platform, according the data source. The paper notes that the SHIB submitted to Coinbase was obtained over two periods three years apart.
First gathered in September 2021, the second in March current year. At an average price of $0.00001309, the buyers paid for these trillion of coins. Should the sale take place at the present SHIB price, their profit will be around $41.22 million.
Robinhood’s SHIB Internal Transfer
Related events included a significant SHIB transaction from the Robinhood exchange which 600 billion Shiba Inus were transferred to an unidentified blockchain wallet. Later on, though, this proved to be an internal transaction since Robinhood changed the Shiba Inu balance.
With 7,912,338 SHIB coins transferred to unspendable blockchain wallets in the past 24 hours, the Shibburn tracking platform saw a notable increase in the SHIB burn rate—that is, by 2,814%.
Efforts of the Shiba Inu community drove this significant blaze. Still, the burn rate has reduced to 266.94% since no SHIB has burned for the preceding nine hours.
SHIB is trading at $0.00002175 as of present time, down over 7% in the past 24 hours.
