According to Foresight News, since the reopening of Shiba Inu's Layer2 solution Shibarium, approximately 600,000 wallets have conducted over 700,000 transactions on the Shibarium network. On August 31, nearly 100,000 transactions took place, while the peak trading volume on August 25 reached 132,000 transactions. As of Friday, users can exchange, lend, and borrow capital or stake tokens for rewards on Shibarium using shib (SHIB), bone (BONE), and other tokens.
The locked value of Shibarium is $1.26 million, but according to data from a blockchain explorer, an anonymous SHIB whale transferred tokens worth nearly $38 million. The whale first moved $160,000 worth of SHIB to a new wallet on Ethereum, then transferred $37.4 million worth of SHIB to another new wallet on Ethereum.
