PANews reported on June 24 that according to monitoring by on-chain analyst Yu Jin, a certain whale transferred 1.0879 trillion SHIB (approximately 18.34 million US dollars) to Binance one hour ago.

By tracing back to the source, it can be found that these SHIBs were withdrawn by the whale from Binance at the market bottom in November-December last year at an average price of about US$0.0000094.

Although the price of SHIB has fallen from its high of $0.0000456 in March to the current $0.0000167, the whale still has a profit of $8.12 million (+79%).