Claim BonusWhale Again Moves Massive 4.6 Trillion Shiba Inu (SHIB), Recovery Ahead?
Whales are actively trading meme coin Shiba Inu (SHIB) and BONE tokens after the Shibarium was relaunched recently. Shiba Inu lead developer Shytoshi Kusama promises to scale Shibarium by 1500% and improve its security and utility. A whale has moved 4.6 trillion SHIB tokens again, will SHIB and BONE price recover from the recent dip?
Whale Transfers 4.6 Trillion Shiba Inu
Whale Alert on September 4 reported that 4.61 trillion Shiba Inu (SHIB) worth $35 million were moved by a whale from crypto exchange Bitvavo. An unknown wallet moving trillions of SHIB sparks excitement in the community.
Some believe it’s time to buy SHIB as whale activity indicates an upcoming bullish movement in prices. SHIB and BONE prices tanked 10% and 35%, respectively, last month after the Shibarium mainnet launch saw issues.
This is the same whale that has been moving 4.6 trillion SHIB for over a month, as per an analysis of recent transactions on Etherscan. CoinGape Media recently reported similar SHIB transactions. Also, the presence of a Shibarium mainnet validator token transaction indicates that it could be related to the Shibarium validator. In order to become a validator, a user must lock at least 10,000 BONE tokens.
Meanwhile, Shibarium has surpassed 1 million wallets. It indicates the demand for Shiba Inu’s Shibarium network and a likely boost in prices.
Also Read: XRP Lawyer Deaton Asserts Coinbase’s Partial Win Against SEC, But Crucial Than Ripple Case
SHIB and BONE Prices to Rebound?
Shiba Inu ecosystem tokens have mostly been under pressure despite Shibarium reopening. SHIB price fell 2% in the past 24 hours, with the price currently trading at $0.0000077. The 24-hour low and high are $0.00000765 and $0.00000782, respectively.
Meanwhile, BONE price trades at $1.08, down 0.5% in the last 24 hours after a small recovery last week. The 24-hour low and high are $1.02 and $1.09, respectively.
Also Read: Terra Luna Classic Crucial Proposal For Dynamic Minimum Commission Is Passed
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Top 3 Reasons Why Crypto Market is Down Today (Feb. 22)
- Michael Saylor Hints at Another Strategy BTC Buy as Bitcoin Drops Below $68K
- Expert Says Bitcoin Now in ‘Stage 4’ Bear Market Phase, Warns BTC May Hit 35K to 45K Zone
- Bitcoin Price Today As Bulls Defend $65K–$66K Zone Amid Geopolitics and Tariffs Tensions
- XRP Realized Losses Spike to Highest Level Since 2022, Will Price Rally Again?
- COIN Stock Price Prediction: Will Coinbase Crash or Rally in Feb 2026?
- Shiba Inu Price Feb 2026: Will SHIB Rise Soon?
- Pi Network Price Prediction: How High Can Pi Coin Go?
- Dogecoin Price Prediction Feb 2026: Will DOGE Break $0.20 This month?
- XRP Price Prediction As SBI Introduces Tokenized Bonds With Crypto Rewards
- Ethereum Price Rises After SCOTUS Ruling: Here’s Why a Drop to $1,500 is Possible
