600 Million Shiba Inu (SHIB) Mystery Stuns Major Exchange: What Happened?

Last week was rather negative for popular meme cryptocurrency Shiba Inu (SHIB). The price did not experience a significant drawdown, but it did not see any positive developments either. In addition, the SHIB price remains below the key resistance level of $0.0000183 per token.

It seems that there are no buyers for this popular meme cryptocurrency. However, at least one unknown major player in the Shiba Inu token was spotted this week.

As revealed by Arkham data, the address "0x9d9f" withdrew 593.26 million SHIB, equivalent to $10.32 million, from major Japanese exchange Coinone. These were the first and only transactions made by the owner of this address.

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