The largest holder of Shiba Inu, known as "0x40B3," has accumulated an additional 1.5 trillion SHIB tokens from Binance and Coinbase, according to Lookonchain. This comes as whales and investors have been accumulating SHIB following the recent crypto market crash, causing the price to rise over 3% in the past 24 hours.

Meanwhile, lead developer Shytoshi Kusama has paused the official Telegram group of Shibarium, leading to speculation about the release of the mainnet. The Bone ShibaSwap (BONE) token has been listed on Australian exchanges CoinSpot and Swyftx, with the community showing interest in trading it ahead of the anticipated launch of the Shibarium Layer-2 blockchain.