27. February 2024

• An unknown crypto whale has unexpectedly transferred a large amount of Shiba Inu (SHIB) tokens worth about $25.6 million.
• Whale Alert identified the transaction, with the sender paying just over $1 to process it.
• The introduction of Shibacals, an In-Real-Life component that allows community members to transform their SHIB-themed NFTs into physical items, is among the latest developments for the Shiba Inu ecosystem.

Big Crypto Whale Moves 3 Trillion SHIB

An unknown crypto whale is suddenly moving more than three trillion Shiba Inu (SHIB) tokens as the altcoin market slumps. Blockchain-tracking service Whale Alert initially spotted the large Shiba Inu transaction.

Transaction Details

Whale Alert reveals that a deep-pocketed entity moved a total of 3,811,233,843,288 SHIB worth about $25.6 million at the time from one unknown wallet to another unknown wallet. The sender paid a little over $1 to process the immense Shiba Inu transaction, while the receiving wallet continues to hold onto the large SHIB stack at time of writing.

Shibacals

Among the latest developments for the Shiba Inu ecosystem is the introduction of Shibacals, an In-Real-Life (IRL) component that allows community members to transform their SHIB-themed non-fungible tokens (NFTs) into physical items such as toys or plushies. Popular Shiba Inu influencer Lucie explains how Shibacals could have a positive impact on the SHIB community by allowing them to attend events and conferences and make real world difference through charity initiatives and volunteer work in collaboration with brands and organizations aligned with their values and mission.

Current Price Action

Shiba Inu is trading for $0.00000681 at time of writing, up 0.5% during the last 24 hours..

Conclusion

The recent transfer of 3 trillion SHIB tokens shows that there are still many whales out there who are confident in investing in cryptocurrency projects like Shiba Inu despite current market conditions which could be seen as bullishness towards this particular project given its potential growth . Additionally ,the introduction of Shibacals has helped bridge gap between online presence and tangible experiences within this altcoin’s growing community .