According to BlockBeats, on April 30, Shiba Inu’s largest holder from 2020 transferred 800 billion SHIB tokens worth $4.91 million to CEX Coinmena. The address, which purchased 1.03 quadrillion SHIB (17.4% of total supply) with just 37.8 ETH in 2020, currently holds 954.2 trillion SHIB (16.2% of total supply) valued at $588 million, according to on-chain monitoring by Ember.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Outflows Hit 86B as Exchange Supply Tightens
Key Insights
Shiba Inu recorded over 86 billion tokens flowing out in 24 hours, reducing exchange supply and signaling lower immediate selling pressure across trading platforms.
Declining exchange reserves and negative net flows indicate ongoing asset withdrawals, tightening liquidity
CryptoNewsLand7h ago
Shiba Inu Outflows Hit 86B as Exchange Supply Tightens
Shiba Inu shows net exchange outflows, shrinking liquidity and easing near-term selling, amid price consolidation and active but limited retail repositioning.
An on-chain view of Shiba Inu shows a large 86 billion token outflow from centralized exchanges and persistent negative net flows, reducing near-term selling pressure. Price action is in a tight consolidation above support as exchange reserves shrink and withdrawals rise, creating supply-tight conditions. Activity indicates active repositioning with limited retail participation, implying a market rotation rather than a structural shift. The setup could yield stronger price moves if demand returns.
CryptoNewsLand7h ago
Shiba Inu Holder Growth Signals Renewed Market Confidence
Key Insights:
Shiba Inu added nearly 10,000 new wallets within days, pushing total holders to 1.58 million as adoption strengthened across market participants steadily.
Active addresses increased by 12% to around 3,800, reflecting higher network usage and stronger engagement beyond passive h
CryptoNewsLand9h ago
SHIB Eyes Major Move as Price Struggles at $0.0000064 Resistance Level
SHIB consolidates between $0.0000058 support and $0.0000064 resistance, awaiting breakout confirmation.
Exchange inflows rise while volume drops, signaling mixed sentiment and possible sell pressure.
Breakout above $0.0000064 targets $0.0000072 and $0.0000080; breakdown invalidates
CryptoNewsLand19h ago
Shiba Inu Outflows Hit 86B as Exchange Supply Tightens
Key Insights
Shiba Inu recorded over 86 billion tokens flowing out in 24 hours, reducing exchange supply and signaling lower immediate selling pressure across trading platforms.
Declining exchange reserves and negative net flows indicate ongoing asset withdrawals, tightening liquidity
CryptoNewsLand04-28 17:42
Shiba Inu Bulls Take Control as Key Daily Signal Confirms Upside
SHIB shows bullish cross, signaling renewed upside momentum and potential breakout above resistance.
Whale accumulation strengthens the outlook as billions of SHIB leave exchanges.
Broader market activity and upgrades support positive sentiment across the SHIB ecosystem.
Shiba Inu has
CryptoNewsLand04-28 06:36
