582 Billion Shiba Inu (SHIB) Moved Out Of ShibaSwap

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Shibaswap

Over 582.73 Billion Shiba Inu (SHIB) moved out of ShibaSwap in the past 24 hours.

In the last 24 hours, the wallet labeled “timmie.eth” unstaked an alarming 572.60 Billion Shiba Inu (SHIB) from ShibaSwap and transferred his total SHIB holdings, including unstaked SHIB, to the unknown wallet.

According to Ethersan.io data, the wallet “timmie.eth” unstaked a staggering 572,601,096,091 (572.60B) SHIB, worth $5,061,793 ($5.06M), from ShibaSwap in a single significant transaction about 9 hours ago. After a few minutes of unstaking, the wallet transferred his entire Shiba Inu holdings, totaling 582,732,098,558 (582.73B) SHIB, valued at $5,139,697 ($5.13M), to an unknown wallet in a single robust transaction, leaving him with Zero SHIB.

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Whereas, the receiving wallet’s SHIB balance increased by 582.73B SHIB to a whopping 583,195,705,359 (583.19B) SHIB, worth $5,155,450 ($5.15M).

Shiba Inu still maintains its top position as the biggest holding in dollar value among the largest 2000 ETH Whales. As per WhaleStats, the top 2000 ETH whales collectively hold $80,326,737 ($80.32M) worth of SHIB in their wallets.

On the other hand, Shiba Inu fails to defend its crucial support located at $0.0000093 on the daily chart and breaks lower following the widespread selloff in the global crypto market. As of writing, Shiba Inu is trading at the price of $0.000008744, down -9.91% over the last day, with a 24-hour trading volume of $262,673,995 ($262.67M).

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