Bearish
Shiba Inu Whale Sells 600B SHIB After 3-Year Dormancy, Realizing $1.63M Loss
A Shiba Inu whale that had been dormant for over three years has liquidated its entire 600 billion SHIB holdings, incurring an estimated loss of $1.63 million. This significant sell-off adds downward pressure on SHIB's price, which is currently trading at $0.000005102, approximately 94.23% below its all-time high.
Key points
- Whale Liquidation: A dormant Shiba Inu whale moved 600 billion SHIB to exchanges, realizing a $1.63 million loss.
- Price Impact: SHIB's price is down 94.23% from its peak, currently trading at $0.000005102.
- Market Position: Shiba Inu ranks 30th globally with a market cap of approximately $3 billion.
Sources
- Shiba Inu Whale Liquidates 600B SHIB After 3-Year Dormancy, Incurs $1.63M LossKuCoin · 5 days ago
- Shiba Inu (SHIB) Erases 11-Month Bear Cycle as $3.26 Billion Becomes New Price FloorTradingView News · recently
- Shiba Inu Breaks 11-Month Slump on Japan FSA Approval, But Technical Exhaustion Signals September RiskTerminalcraft · August 27, 2026
- Shiba Inu Burns Just $29 in 24 Hours as Clarity Act Heads to Senate FloorThe Currency Analytics · 2 days ago
AI-generated from public news sources. Not financial advice.
