Bearish
Shiba Inu Whale Transfers 600B SHIB After 3-Year Dormancy, Realizing $1.63M Loss
A Shiba Inu whale has liquidated 600 billion SHIB tokens after over three years of inactivity, incurring a loss of approximately $1.63 million. This significant sell-off adds downward pressure to SHIB's price, which remains substantially below its all-time high.
Key points
- Whale Liquidation: A dormant whale moved 600 billion SHIB to exchanges, realizing a $1.63 million loss.
- Price Impact: SHIB is trading at $0.000005102, about 94.23% below its peak.
- Market Position: The token ranks 30th globally with a market cap of $3 billion.
Sources
AI-generated from public news sources. Not financial advice.
