Whale Deposits 1.09T $SHIB ($18.34M) to Binance for Profit!

A whale 0x42a, deposited a staggering 1.088 trillion SHIB ($18.12M) to Binance at a price of $0.00001666.

Transaction Details:

Address: 0x42a0844790aa89c4d501a4ccc9c178d4810c42f8

Amount: 1.088T $SHIB

Value: $18.12M

Price: $0.00001666

Source of SHIB Tokens:

The whale received the $SHIB tokens through three transactions within the past hour. Tracing back the sources, it was found that these tokens were withdrawn from Binance at an average price of $0.000009305 (estimated cost: $10.12M) between November 24 and December 22, 2023, during the market bottom.

SHIB Accumulating Wallets:

Wallet 1: 0xa6561fd7ba61872151b26a914faf2b427a36b5e9

Wallet 2: 0xfa222e2a8b4ddd5cbc27a135bbf3b2695a62a6dc

Wallet 3: 0xf17f63ea7d757579af89f6933c8e84c5345d01b8

Potential Profit:

If the whale sells the SHIB tokens now, they would realize an estimated profit of over $8M (+79%) after 7 months. However, it's worth noting that the whale once had an unrealized profit of $29M at the peak of SHIB in March.