A significant SHIB whale has transferred 800 billion SHIB tokens, valued at approximately $4.91 million, to an exchange, according to crypto analyst Ember. This whale initially acquired 103 trillion SHIB for 37.8 ETH and still holds about 95.42 trillion SHIB, which accounts for 16.2% of the total supply.
At its peak in 2021, the whale's holdings were valued at $9.1 billion. Currently, the remaining SHIB tokens are worth around $588 million, highlighting the substantial impact of this whale on the SHIB market.
SHIB Whale Moves 800 Billion Tokens to Exchange, Retains 95.42 Trillion
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