An unknown crypto whale suddenly moves trillions of Shiba Inu (SHIB) tokens as the top memecoin soars to a high not seen in weeks.
Blockchain tracking service Whale Alert notes that a big-pocketed investor moved a total of 4,113,777,233,445 SHIB worth $32.86 million from an unknown wallet to another unknown wallet on Friday.
Shiba Inu rocketed to $0.00000833 on Friday, a price level not seen since June 22, from a low of $0.00000745 the day before, up nearly 12%.
At the time of writing, Shiba Inu is worth $0.00000797, down 1.1% in the last 24 hours.
Whale Alert also signals a number of large trades from other memecoins, including SHIB rival Dogecoin (DOGE).
Dogecoin is worth $0.0685 at the time of writing, down 3.54% over the past 24 hours.
Finally Whale Warning stains an anonymous whale who moved 3,941,534,011,651 memecoin Pepe (PEPE) worth more than $7.2 million from an unknown wallet to crypto exchange Binance.
Pepe is trading at $0.00000160 at the time of writing, down 3% in the last day.
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Image generated: Midway through the journey