Shibarmy News

Shib Army News: Massive Shiba Whale Is Born As Over 3 Trillion Tokens Purchased

Published

11 months ago

October 18, 2022

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

Whales have always bought Shiba Inu Tokens but it has been a while since a new whale was born with such a massive purchase. Today a new whale has purchased 3,388,119,788,000 Shiba Inu Tokens at the cost of 34,884,451.00 USD.

🚨 🚨 🚨 3,388,119,787,804 #SHIB (34,887,130 USD) transferred from unknown wallet to unknown wallethttps://t.co/CkmBbOQoRh

— Whale Alert (@whale_alert) October 18, 2022

Ethereum Whales are still holding as Shiba Inu is the second most held non-Stable coin. Whales seem to be buying now as we come closer to the launch of Shibarium with promises of Shib Burns to accelerate once launched. Shibarium is going to be the most significant burn mechanism in the entire Shiba Inu Ecosystem but investors are looking at the overall picture as well. Even the new Shiba Eternity game, which was not initially going to have burns, is now offering a burn mechanism.

Exclusive From the Devs: All the new platforms being built will have $SHIB burns.

Shibaswap V2, Shibarium, Shibanet, The only exception is the game. But there is a reason for that. @ShytoshiKusama

(This was mentioned at the #ShibAMA)

— MILKSHAKE (@shibainuart) December 30, 2021

It is exciting to see the words of the devs and teams from a year ago being fulfilled. Promises being kept is a very Bullish sign for when the markets start to rebound.