Benzinga – Shiba Inu (CRYPTO: SHIB) has recently seen substantial whale transactions, signaling a potential major price move ahead.
What Happened: According to Whale Alert data on April 2, significant transactions involving one trillion SHIB tokens were noted as the meme coin dipped slightly:
- Wintermute transferred 461.6 billion SHIB tokens, valued at $13.2 million, to an unknown wallet.
- Robinhood received 467.6 billion SHIB tokens from an anonymous wallet, with the exchange being the third-largest holder of Shiba Inu based on Etherscan data.
- Additionally, around 17 billion SHIB tokens were moved from the trading platform Cumberland to Robinhood, as reported by U. Today.
In a separate transaction on March 29, approximately 1.4 trillion SHIB tokens were transferred from an unknown wallet to Kucoin. This move coincided with the exchange facing allegations of illegal operations.
Whales, individuals…
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