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 $2.3B USD.
After the wallet was first identified, social media users speculated that the owner may have forgotten or lost their key, given the lack of activity in the wallet since last year.
Remember when everyone was wondering if the guy who turned 8k$ into 5 billion actually lost access to his wallet?Turns out he didn't and just started moving some of his $SHIBAddress:https://t.co/Pok4lH0AUv
Read more on cointelegraph.com