CandleFocus Shiba Inu (SHIB) Witnesses Mysterious $2 Million Whale Activity on Major US Exchange
2024-10-18
Author: Content Editor
Leading U.S. exchange Coinbase has experienced significant withdrawals of Shiba Inu (SHIB) tokens in the past day. An unknown whale, using the address "0x12F72," has withdrawn 105.866 billion SHIB from Coinbase in three transfers. The total value of the withdrawals amounts to $1.99 million at current exchange rates. The identity of the whale is unknown, but the withdrawals suggest that someone with substantial capital is bullish on the popular meme-inspired cryptocurrency. This comes as the price of SHIB experienced a breakout, temporarily reaching a high of $0.00001933 before being sold off.
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