CryptoMediaClub
Wednesday, May 6, 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
137
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Notably, around 14 billion SHIB were withdrawn from prominent cryptocurrency exchanges, including decentralized platforms like Kraken, Uniswap, and 1inch.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

Iran wants Bitcoin as payment to guarantee ships safe passage through the Strait of Hormuz – FT

Iran wants Bitcoin as payment to guarantee ships safe passage through the Strait of Hormuz – FT

4 weeks ago
IOTA Miner Cloud Mining Offers a Novel Path for XRP, BTC, and ETH Investors

IOTA Miner Cloud Mining Offers a Novel Path for XRP, BTC, and ETH Investors

9 months ago
Breaking: Floki Price Surges 35% After Binance US Listing

Breaking: Floki Price Surges 35% After Binance US Listing

3 years ago
XRP Price Prediction: New Crypto Bill Could Give XRP the Same Legal Status as Bitcoin – What Happens If It Passes?

XRP Price Prediction: New Crypto Bill Could Give XRP the Same Legal Status as Bitcoin – What Happens If It Passes?

4 months ago

Categories

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

Highlights

Bitcoin rips past $82,000, shorts liquidated after President Trump halts Hormuz operation sending oil price spiralling

Bitcoin Price Prediction: The Hidden Timing of Daily Pump-and-Dump Cycles

Can Bitcoin break a new 2026 high this week – or will geopolitics cause another weekend reset?

Bitcoin Price Prediction: Data Shows Bitcoin’s Entire Recovery Is Happening During ETF Trading Hours — What Does That Mean for Retail Traders?

BsStrategy Turns AI Quantitative Trading Into a Simpler Starting Point for 2026 Market Participants

Ripple News: Moscow Exchange to Publish Official XRP Index Next Week

Trending

Solana News: Google Cloud and Solana Just Launched AI Agent Payments — Is This the Catalyst That Finally Breaks SOL Above $90?
All news

Solana News: Google Cloud and Solana Just Launched AI Agent Payments — Is This the Catalyst That Finally Breaks SOL Above $90?

06.05.2026
0

Solana is making serious news in infrastructure play. The Solana Foundation and Google Cloud jointly launched Pay.sh,...

How to choose a safe DeFi platform before you deposit in 2026

How to choose a safe DeFi platform before you deposit in 2026

06.05.2026
SKYAI Jumps 235% as Meme Coin Trading Heats Up; Maxi Doge Presale Nears $4.8M

SKYAI Jumps 235% as Meme Coin Trading Heats Up; Maxi Doge Presale Nears $4.8M

06.05.2026
Bitcoin rips past $82,000, shorts liquidated after President Trump halts Hormuz operation sending oil price spiralling

Bitcoin rips past $82,000, shorts liquidated after President Trump halts Hormuz operation sending oil price spiralling

06.05.2026
Bitcoin Price Prediction: The Hidden Timing of Daily Pump-and-Dump Cycles

Bitcoin Price Prediction: The Hidden Timing of Daily Pump-and-Dump Cycles

06.05.2026
  • 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