According to Whale Alert monitoring, 4,599,850,345,603 SHIB ($47,994,838) was transferred from an unknown wallet to another unknown wallet.

As monitored by on-chain analyst Yu Jin, an hour ago, Voyager transferred 1,500 ETH ($2.77 million) and 250 billion SHIB ($2.7 million) to Coinbase. In addition, Voyager is consolidating all remaining tokens in its wallet addresses to its main address. The cryptocurrency claims of Voyager users have ended, and the final fiat compensation process should now be underway: selling the remaining cryptocurrencies and compensating users in USD.

A new whale has made headlines by purchasing over $40 million worth of Shiba Inu (SHIB) in a single transaction, amassing 4.41 trillion SHIB tokens and becoming one of the largest SHIB holders. This impressive feat coincides with SHIB's recent bullish momentum, which has seen the token surge over 25% in price in the past month and break through the psychological resistance level of $0.00001. The chief creator of SHIB, Shytoshi Kusama, has also taken a proactive stance against false information and scams related to the meme coin. Additionally, interest in Shibarium and its potential effects on the SHIB ecosystem is growing, with SHIB showing tenacity by increasing over 9% in the last seven days.

According to Shibburn, a tracker of burned Shiba Inu tokens, SHIB has surpassed 4,489 other coins in the market to take the first spot on AltRank, which measures a digital currency's performance across the cryptocurrency market based on its social and market activity. <br>

Whale Alert has reported a massive transfer of Shiba Inu coins worth over $18 million from Binance.US to an anonymous wallet. Despite the upcoming launch of its Layer 2 blockchain, Shibarium, SHIB has dropped to 20th place by market cap.

Tangem's official Twitter account has announced the upcoming launch of the highly anticipated Shiba Inu wallet, with early customers able to purchase the wallets as early as next week. The partnership between Tangem and Shiba Inu was first revealed in May, with the wallet promising to simplify crypto management by merging with users' smartphones.

Shibarmy Scam Alerts has warned of a scam token called UNLEASH that claims to be related to the Shiba Inu ecosystem and its Layer 2 blockchain Shibarium. The deployer of UNLEASH has no affiliation with the Shiba Inu developer team, and SHIB fans are advised to stay away from scam tokens or those claiming to belong to SHIB.

Shibarium's testnet "Puppynet" has achieved another milestone with almost 30 million transactions. This indicates an increase in demand for the chain and a potential boost in the prices of SHIB and Shibarium's gas token Bone ShibaSwap in the long term. The number of wallet addresses has also increased to 17,061,835, and the blockchain remains stable with an average block time of 5-7 seconds and a gas fee near 1 Gwei. The transactions rate and wallet addresses are expected to rise with the release of Shibarium's Worldpaper, all Shibarium partners, and TREAT token during the Blockchain Futurist Conference in August.

Shibburn has caught the attention of the Shiba Inu community by proposing a counteroffer to MrBeast's challenge, which involves burning SHIB with MrBeast's revenue. MrBeast offered to give his entire Twitter revenue for the upcoming month to the person with the most liked reply to his tweet within 48 hours. Shibburn responded with a proposal that if they win, MrBeast must send the revenue as $SHIB to Shibburn.eth so they can burn it. Shibburn's tweet has gained 547 likes and 51.4k views, while 16,205,792 SHIB tokens were burned in the past 24 hours in just seven transactions.

Bitcoin reached a new 13-month high of almost $32,000 before being rejected and falling below $30,000. Most altcoins are also experiencing losses except for DOGE, SHIB, and OP. Ripple's native token, XRP, experienced significant gains after a judge ruled in favor of the blockchain company in its legal battle against the SEC, but has since retraced. The total crypto market is down by over $30 billion since yesterday.