Shib reaches the highest ever with this key metric

According to X User @etherscan_Shib, the second largest meme cryptocurrency of Shiba Inu, which is market capitalization, has seen a significant increase in the total number of chain holders.

The tweet reports that on June 7th, this major siv metric reached a historic peak of 1,510,290. The tweet states, “Shiv continues to grow at an unstoppable rate.”

Compared to the last week of May, the registered growth currently consists of over 3 million, with 1,507,310 returning on May 24th.

Trillions of shibs poured into Coinbase this week

Three large chunks of Shibucoins, each of which has more than 2 trillion units of Shibucoins have been moved to the institutional branch of the US major cryptocurrency exchange Coinbase-Coinbase facility, according to the popular Blockchain Tracker Whale Alert.

11 hours ago, the platform was hit with a sib transfer of 2,542,712,471,794 worth of $31,651,684. On June 5th, 2,869,483,918,550 Shiv worth $36,603,136 was deposited on the same exchange. A similar shibu chunk was also moved there a few days ago. This hit a wave of about 7.5 trillion inu at Coinbase facility this week.

All three transactions were created from wallets tagged with whale alert unknown. As this destination was a Coinbase facility, it was likely that a large crypto whale had prepared to sell the main Shiv, and decided to fundamentally reduce Shiv’s position.