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Never-Seen-Before Whale Empties Binance for Billions of Shiba Inu (SHIB)

2025-07-31 13:31:19

Never-Seen-Before Whale Empties Binance for Billions of Shiba Inu (SHIB)

Main Idea

A new Ethereum wallet has withdrawn over $4.2 million in tokens, including 110 billion SHIB, from Binance, signaling significant whale activity in the crypto market.

Key Points

1. A new Ethereum wallet moved over $4.2 million in tokens from Binance, including 110.34 billion SHIB, 80,126 LINK, 3.44 million MATIC, and 142 ETH.

2. The SHIB tokens withdrawn are currently worth approximately $1.45 million.

3. The wallet's activity suggests potential preparation for larger fund deployments or storage/safekeeping purposes.

4. SHIB's price recently dipped to $0.00001260, its lowest in a month, before recovering to $0.00001310.

5. All withdrawn tokens originated from known Binance wallets.

Description

New whale empties world's biggest crypto exchange for billions of Shiba Inu (SHIB)

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