400 Billion SHIB on the Move! What's Going on with Shiba Inu?
Imagine this: a cryptocurrency whale (basically, rich people swimming in digital money) decided to move 400 billion Shiba Inu (SHIB). Yes, billion, with a "B"! It sounds like something out of an action movie, but it was real and it happened on December 19th.
So, what happened? The price of SHIB dropped 10%! Coincidence? No. Spotonchain, a platform that monitors these things, revealed that this whale, who bought Shiba Inu back in 2020, pocketed 108 million dollars from it. Cool, right? But now he dumped almost everything on the Gemini exchange (a kind of digital market for buying and selling crypto).