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โ›“๏ธ Crypto๐Ÿ”ด BearishImportance 6/10Actionable

-203 Billion Shiba Inu (SHIB): Whale Sends 30% of Stack to Bitget After Long-Term Holding

U.Today|Gamza Khanzadaev||7 views
๐Ÿค–AI Summary

A major Shiba Inu whale transferred 203 billion SHIB tokens (worth $1.2 million) to Bitget exchange, representing nearly 30% of their holdings after years of dormancy. This significant movement by a long-term holder to an exchange suggests potential selling pressure for the meme coin.

Key Takeaways
  • โ†’Whale moved 203 billion SHIB tokens worth $1.2 million to Bitget exchange
  • โ†’The transfer represents nearly 30% of the whale's total Shiba Inu holdings
  • โ†’The whale had been holding the tokens for years before this recent activity
  • โ†’Moving tokens to an exchange typically indicates potential selling intentions
  • โ†’This represents a significant amount that could impact SHIB's market dynamics
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