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Shiba Inu whale buys 900 billion tokens

On Monday, March 20 a Shiba Inu transaction occurred worth nearly $10 million.

By Luc Vesters
• 1 min read
Shiba Inu whale buys 900 billion tokens

On Monday, March 20 a Shiba Inu transaction took place worth almost $10 million. It involved transferring 900 billion SHIB.

The address is listed under the pseudonym "Kvothe" and also holds significant positions in, among others, Polygon's MATIC token.

View post on X

Earlier in mid-March, some whale addresses sold larger SHIB-holdings. The transactions came ahead of the beta launch of the two-layer solution "Shibarium". The Layer 2 blockchain is expected to offer better scalability, faster transaction times, lower costs, and a more extensive development framework. In relation to the beta launch, View post on X about fraud attempts and scam coins briefly caused investor uncertainty.

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