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Shiba Inu: 1.362 Trillion SHIB Moved to an Unidentified Wallet

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Shiba Inu (SHIB), a cryptocurrency noted for its meme-inspired origins, has seen price volatility. Nonetheless, the project has made tremendous progress in its utility and development efforts. Shiba Inu distinguishes itself from other meme coins by actively participating in development activities and providing regular updates to its community. Also read: Pepe Coin Price Plunges By 17% Amidst Sell-Off In terms of pricing, SHIB has made little improvement. Over the last seven days, the second-largest meme coin fell by 3.4%. In one of the most shocking revelations made by the Arkham blockchain intelligence platform, a large transaction involving 1.362 trillion SHIB has been identified . The transaction, which occurred in less than 24 hours, moved trillions of Shiba Inu to an un identified wallet. Source: Arkham Intelligence The value of the moved Shiba Inu stands at around $10 million According to the current price of SHIB, the fund’s current value stands at around $1...