'Whale' Fearless! Shib Adds $19.39 Million Value Amid Hacking Incident!

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 The Shiba Inu crypto ecosystem has today launched its most anticipated event, Shiba Eternity. It is a CCG game offered by Shiba. Even in the midst of the uncertain market conditions it has not hindered those game consoles in the market.


 


But unfortunately, it was seen as less well received when the official download data on October 6 was less well received and indirectly failed to push the price of Shiba Inu up.


 


Meanwhile, after the launch of the official SHIB Shiba Eternity game, the whale group has shown great interest in this meme token.


 


Based on data from Whalestats, groups of whales have added around $19.39 million worth of Shiba Inu crypto amid the price drop. The 'whale' address added 1.7 trillion SHIB tokens in one transaction to its wallet. The data states that this collection of whales is done through the intermediary of the Huobi exchange.


 



It should be noted that this whale's move is in the midst of the recent Shiba Inu crypto price crash. However, the global crypto market capitalization failed to rise and fell by another 2% over the past day. It now stands at about $954 billion.


 


It should be noted that the recent decline is due to another crypto exploit that shocked the industry. Based on the latest reports, the Binance Bridge hacking incident has caused the BSC network to be suspended for hours. BSC mentioned that about $100 million to $110 million is expected to be released from the chain. Meanwhile, around $7 million has been frozen by the Binance team in the early stages.


 


The Shiba Inu crypto price has decreased by 3% in the last 24 hours.SHIB is trading at an average price of $0.000011, at press time. It still holds a market cap of around $6.12 billion in volatile market conditions.


Earlier, WhaleStats reported that on October 6, 2022, two whales moved around 2.1 trillion Shiba Inu cryptos from their wallets to Coinbase. The cumulative value of these transactions amounts to approximately $24.3 million.

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