Enormous Amount of SHIB Coins Transferred from Bitvavo Exchange

Read about the enormous transfer of SHIB meme coins from Bitvavo exchange, the expanding adoption of SHIB, and the significant burn rate of SHIB tokens. Stay updated with the latest crypto news!

Posted 8 months ago in Altcoins


A graphical representation of cryptocurrency transactions involving SHIB meme coins. Prominent crypto tracking service Whale Alert has spotted a massive transfer of SHIB meme coins from Amsterdam-based crypto exchange Bitvavo. The transferred amount totaled 4,595,530,677,374 SHIB, valued at $33,377,339. However, it was revealed to be an internal transaction, as Bitvavo moved 4.5 trillion SHIB to one of its wallets for redistribution. This highlights the expanding adoption of SHIB, as it is now accepted as a payment option on the LaborX platform and supported by MathWallet. Additionally, the SHIB army has burned an impressive 247,753,783 SHIB tokens in the past 24 hours, further reducing the circulating supply.

Last updated 9/23/2023, 8:58:14 AM

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