Whales Balanced Meme Coin in Bulls: What Does the 546 Billion Move Mean?

Whales every day Shiba Inu continues to increase interest in its assets. According to current movements, whales have moved billions of SHIB tokens and added them to their portfolios in the last few months.

The latest update in this whale trading trend is 546 billion from Binance at an average price of $0.00000902. SHIB includes withdrawal. This move from the market whale comes with some calming reassurance that the pullback further dispels fears of immediate liquidations.

This transfer took place at a time when the price of Shiba Inu increased by 3.43% to 0.000009402 dollars in 24 hours.

Information shared by Spot on Chain according toAt least 5 big whales have had a say in SHIB transfers in the last 5 months. Although a significant portion of these whales remain anonymous, it is stated that Tron’s founder Justin Sun is also involved in these moves.

One of the major transfers initiated by Justin Sun involved more than 577 billion tokens worth approximately $6 million from Binance on December 18. These withdrawals took place in two tranches of 500 million and 77 million.

The total number of transfers or withdrawals linked to Binance amounted to SHIB 2.742 trillion, worth a total of $25.2 million, with an average price of $0.00000921. This amount came from 5 whales in the last 1.5 months.


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