A mysterious whale, Shiba Inu, has stunned the community by moving 4.64 trillion SHIB tokens (worth about $38 million) between two unknown wallets, according to etherscan data.
- The activity comes as Shiba Inu's layer-two scaling solution, Shibarium, is relaunching
- The number of addresses using Shibarium has grown to 634,479
- There has been an increase in transactions on the Shibarium network since the August 23 slump
- Over 52 million SHIB tokens have been burned in the last 24 hours, pushing up the value of the remaining coins
- SHIB is trading at $0.00000796, down 3.2%, with a 24-hour trading volume of $133,299,787
