Despite the transfer, SHIB is down on the day, similar to the rest of the market.
A mysterious Shiba Inu whale has stunned the community by moving 4.64 trillion SHIB tokens, roughly $38 million, between two undisclosed wallets, as per data from etherscan.
Meanwhile, a spike in Shibarium’s transactions has been observed recently after the network saw a low number of transactions on Aug. 23.
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