In an unprecedented move that has sent shockwaves through the cryptocurrency market, crypto whales have orchestrated massive transfers involving billions of dollars worth of Dogecoin (DOGE) and Shiba Inu (SHIB). The community holds its breath as these staggering sums change ownership, leaving investors and enthusiasts wondering about the potential impact on the price of these popular meme-based cryptocurrencies.
A massive DOGE transfer worth 189,073,539 DOGE ($11,649,177) has been made from Robinhood to an unknown wallet:
🚨 189,073,539 #DOGE (11,649,177 USD) transferred from #Robinhood to unknown wallethttps://t.co/vzjiKVaPe7
— Whale Alert (@whale_alert) June 12, 2023
An astounding transfer of 189,073,539 DOGE, equivalent to around $11,649,177, from the prominent exchange Robinhood to an unidentified wallet has surfaced, sparking curiosity about the motivations and intentions behind this transaction. This substantial movement prompts intriguing speculation regarding whether it represents a strategic maneuver by a significant participant or marks the onset of a broader trend within the cryptocurrency realm.
Notably, a staggering 1,047,480,969,141 SHIB ($6,975,175 USD) has been transferred from Jump Trading to an unknown wallet.
🚨 1,047,480,969,141 #SHIB (6,975,175 USD) transferred from Jump Trading to unknown wallethttps://t.co/EfpWBUD3cD
— Whale Alert (@whale_alert) June 12, 2023
However, the DOGE transfer pales in comparison to the sheer magnitude of the second transaction. Jump Trading, a prominent player in the crypto market, reportedly transferred a staggering 1,047,480,969,141 SHIB tokens, amounting to a staggering 6,975,175 USD, to an undisclosed wallet.
Currently, the price of DOGE/USD stands at 0.0621402 USD, with a slight price change of (+0.20%). Over the past 24 hours, the cryptocurrency has experienced a daily high of 0.0625500 USD and a daily low of 0.0618181 USD.
The price of SHIBUSD is 0.00000688 USD, with a positive price change of +0.00000008 (+1.18%). The cryptocurrency has experienced a 1-day high of 0.00000689 USD and a 1-day low of 0.00000679 USD. It is important to note that SHIBUSD is traded in the crypto market.
In conclusion, crypto whales’ recent massive transfers of Dogecoin (DOGE) and Shiba Inu (SHIB) have stirred up a frenzy in the cryptocurrency market. These transfers, involving billions of dollars worth of these meme-based cryptocurrencies, have raised speculation and increased market volatility.
