Investor in Shiba Inu Token Pulls Out 350 Billion SHIB as Cryptocurrency Market Sees Uptick

During the recent decline in the highly unpredictable cryptocurrency markets, Shiba Inu (SHIB) has been facing a challenging period amidst a larger market correction. Today, an interesting incident has attracted the notice of market analysts: a significant player in the market, known as a “major whale,” has withdrawn a considerable number of Shiba Inu tokens from Binance. The withdrawal amounts to 353.83 billion SHIB, which is worth around $6.6 million. This translates to a profit of $6.12 million, according to data obtained from Lookonchain.