CryptoMediaClub
Saturday, August 22, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

Large SHIB Transfers from Unknown Sources: Identifying the Key Beneficiaries

25.07.2023
A A
0
138
VIEWS
ShareShare

Large SHIB Transfers from Unknown Sources: Identifying the Key Beneficiaries

  • Anonymous wallets move 42 billion SHIB tokens ($327,600).
  • 14 billion coins taken from major exchanges, 2.4 billion sent to Binance 14 wallet.
  • Over 32 million transactions, mainnet to use BONE token for burning SHIB.

According to data from Etherscan, a significant amount of Shiba Inu meme coins has been transferred by anonymous wallets recently. Fifteen transactions were recorded, totaling 42 billion SHIB, which is approximately equivalent to $327,600.

Notably, around 14 billion SHIB were withdrawn from prominent cryptocurrency exchanges, including decentralized platforms like Kraken, Uniswap, and 1inch. Additionally, a considerable sum of 2.4 billion SHIB was transferred from anonymous addresses to a Binance 14 wallet, presumably for potential selling activities.

Shibarium hits new milestone

In other news, Shibarium’s beta explorer, Puppyscan, has reported a new milestone for Puppynet over the weekend. The platform has surpassed 32 million transactions, indicating a record high in terms of transaction count.

As of now, the number of connected wallets stands at 17,062,522. It is worth mentioning that all future transactions on the Shibarium mainnet, scheduled for release later this year, will rely on the BONE token for power. Moreover, part of the BONE gas fees will be utilized for burning Shiba Inu meme coins by transferring them to unspendable wallets.

Share10Tweet7ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post
XRP Attorney John Deaton Stands Firm in Defense of Judge Torres’ Ruling

XRP Attorney John Deaton Stands Firm in Defense of Judge Torres’ Ruling

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bonk Meme Coin Community Shifts Focus to Promising New ICO, Eyeing 1000% Returns

Bonk Meme Coin Community Shifts Focus to Promising New ICO, Eyeing 1000% Returns

2 years ago
Bitcoin ETF Does Not Give Access to Actual Bitcoin – Keiser

Bitcoin ETF Does Not Give Access to Actual Bitcoin – Keiser

3 years ago
Pepe Bounces Again as Elon Adjustments Profile Pic – Are Meme Cash About to Explode?

Pepe Bounces Again as Elon Adjustments Profile Pic – Are Meme Cash About to Explode?

2 years ago
Over 30 People Charged In $24M Crypto Fraud Linked to Taiwan’s ACE Exchange

Over 30 People Charged In $24M Crypto Fraud Linked to Taiwan’s ACE Exchange

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Ethereum ETF Pulls $221M as ETH Eyes Another Breakout

XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued

Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze

Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest

Sudden 22% XRP rally triggers forced market wide short-buying, driving XRP toward a make-or-break resistance test

Bitcoin News Today: Reserve Rules Set Scope for Government Demand

Trending

A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Analysis

A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining

22.08.2026
0

Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported...

SEC Crypto Proposal Offers New Paths for Crypto Asset Issuers

SEC Crypto Proposal Offers New Paths for Crypto Asset Issuers

21.08.2026
Ripple SEC Case Becomes a Warning for Crypto Lawmakers

Ripple SEC Case Becomes a Warning for Crypto Lawmakers

21.08.2026
Ethereum ETF Pulls $221M as ETH Eyes Another Breakout

Ethereum ETF Pulls $221M as ETH Eyes Another Breakout

21.08.2026
XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued

XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued

21.08.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz