<ul><li>Shibarium, Shiba Inu’s layer-2 blockchain network, has crossed a milestone of 1.2 billion transactions, indicating long-term growth and steady blockchain activity since its launch.</li><li>Despite reaching new milestones, daily transactions on Shibarium have decreased recently, with only 63,780 transactions recorded in the past 24 hours.</li><li>Large SHIB holders have been removing billions of tokens from their wallets, with a 992% increase in whale outflows from 105.39 billion SHIB on June 1 to 2.94 trillion SHIB in the past 24 hours.</li><li>The significant outflows from whale addresses could introduce selling pressure on Shiba Inu, which is currently trading at $0.00001284 and has seen a 2.3% decrease in the past 24 hours.</li></ul>

Shiba Inu’s Shibarium Reaches New Record But SHIB Whales Are Exiting – What’s Happening?

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