Shiba Inu (SHIB) Price Aims for $0.00003 as Crypto Whale Withdraws $1 Million Worth of SHIB Tokens

• In a surprising development, a mysterious whale investor has withdrawn a massive 40.47 billion SHIB, equivalent to $1.04 million, from Binance, the world’s largest crypto exchange.
• The recipient of this enormous transfer is identified as wallet address “0xB4F,” which has a history of large SHIB transactions.
• This withdrawal coincides with a period of price volatility in the Shiba Inu (SHIB) ecosystem, leading to speculation about the potential trajectory of SHIB’s price.

An unidentified whale investor has withdrawn a significant amount of Shiba Inu tokens from Binance, sparking speculation about the future price of the cryptocurrency.

Significant Withdrawal from Binance

Data from Arkham Intelligence reveals that an unknown whale investor has withdrawn a whopping 40.47 billion SHIB, equivalent to $1.04 million, from Binance. The recipient of this massive transfer is the wallet address “0xB4F.” Interestingly, this is not the first time this address has been involved in large SHIB transactions. Three months ago, the same address executed a transfer of 5.07 billion SHIB.

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