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SHIB Whale Moves 3 Trillion Shiba Inu Coins Worth $38 Million

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A mysterious Shiba Inu whale has transferred 3 trillion Shiba Inu coins, worth approximately $38 million, from Coinbase on Friday. The whale moved the tokens when its price was hovering around $0.00001299. The transfer of tokens came at a time when SHIB dipped nearly 4% in the charts. The development is testing the patience of investors as the token has mostly stagnated in value this year. The latest data from Whale Alert shows that the anonymous whale transferred the tokens from Coinbase to a self-custody wallet. The transfer highlights that the whale did not sell the Shiba Inu tokens but moved them to an unknown wallet. Therefore, the SHIB tokens remain in the wallet and have not been dumped in the broader markets. Also Read: Shiba Inu Bounce Back Possible After 30% New Wallet Surge The 3 trillion Shiba Inu tokens moved by the anonymous and mysterious whale are worth $38 million on Monday. Despite the portfolio being worth millions, the whale did not jump ship but remains invested in...