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Shiba Inu falls after $2.3B of SHIB moved from whale wallet
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The price of Shiba Inu has fallen 11% after a series of transactions from the whale wallet that famously transformed a $3400 purchase last August into $1.55B.
On November 2, the whale moved ten trillion, one hundred thousand Shiba Inu tokens to four separate wallets. Each transaction was worth approximately $586M USD, totaling about $2.3B USD.
After the wallet was first identified, social media users speculated that the owner may have forgotten or lost their key, given the lack of activity in the
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