Smart Whale Buys Hundreds Of Billions Of SHIB Following Crash
Summary
Shiba Inu's price fell to $0.00001088 due to stock market influence, but a whale address "0x4B5C" accumulated 220.34 billion SHIB tokens worth $3 million from Coinbase Prime Custody, indicating institutional or high-net-worth individual involvement. The recent price decline was triggered by Bitcoin's dip, but SHIB has since recovered to $0.00001333, up 22.5% from its low. However, it remains down by 16.2% in a seven-day timeframe.
