12,000,000,000 Shiba Inu (SHIB) Stun Major European Exchange

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By Gamza Khanzadaev

Tue, 29/04/2025 - 11:56

Shiba Inu (SHIB) millionaire just sent 10% of their fortune to Europe's top crypto exchange

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A huge 12 billion Shiba Inu (SHIB), worth about $160,800, has just been transferred to Bitvavo, one of Europe's top crypto exchanges. The move, which was tracked using on-chain data from Arkham Intelligence, came from a wallet holding over $1.48 million in crypto - almost all of it in SHIB.

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Was this just a typical relocation, or was there something else going on? The wallet that got a huge 120 billion SHIB, worth $1.45 million at the time, from a Coinbase Prime account a month ago has now sent out a 10th of that amount. And it was not sent to another cold storage but directly to a hot wallet of the exchange.

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