Shibarium Hits Record High: Whales Move 49 Billion SHIB
Shibarium keeps making the headlines, with numerous indicators rising to record levels. Shiba Inu's Layer-2 blockchain, Shibarium, has reached a significant milestone by processing over one billion transactions since its launch in August 2025.
Whales Accumulate and Transfer Billions of SHIB
Despite the protocol’s progress, Shiba Inu’s price is in the red today (November). According to Etherscan, over the past few hours, several cryptocurrency whales have transferred nearly 50 billion Shiba Inu canine-themed tokens. Etherscan data shows that eight transactions involved the movement of billions of SHIB, with one transaction worth over 9,571,054,391 SHIB. 2.4 billion SHIB were included both withdrawals from crypto exchanges and internal wallet movements.
Shibarium's Explosive Growth
The surge in whale activity coincides with Shibarium's impressive growth metrics. Processing over a billion transactions solidifies its position as a key player in the Shiba Inu ecosystem. The large SHIB transfers suggest continued confidence in the long-term potential of both Shibarium and Shiba Inu.
Stay tuned for further updates on Shibarium's progress and the movements of SHIB whales.