On Friday there was an unusual transfer of $31.7M worth of SHIB to Binance.
SHIB price has suffered in recent weeks amid a massive sell-off by whales.
The Shiba Inu (SHIB) market has been very active over the last 48 hours, with trillions of SHIB tokens moved by whales, the biggest investors. These key players have sold off a whopping 3 trillion Shiba Inu tokens since last Friday.
The SHIB whales started this era with a total of 661.44 trillion tokens. However, their holdings have diminished to 658.48 trillion SHIB as of the most recent figures. Among them, a significant chunk (410.36 trillion) has been burnt, making it unavailable.
Biggest Non-exchange SHIB Holder
Within the last few hours, the largest holder of $SHIB has purchased 1.5T $SHIB ($10M) from Binance and Coinbase. On May 16, the address “0x73AF” received 20T $SHIB ($134.4M) from the address “0x40B3,” which now has 5.3T $SHIB ($35.5M). This whale represents the biggest non-exchange holder of $SHIB.
The largest hol
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