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‘Dogecoin Killer’ Shiba Inu Witnesses Record Withdrawal: 8 Trillion Tokens Exit Exchanges Since November

Published by
Benzinga

Meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) has witnessed a massive withdrawal of 8 trillion tokens from exchanges since November. What Happened: The self-proclaimed ‘Dogecoin (CRYPTO: DOGE) Killer’ has seen a major spike in whale activity, according to IntoTheBlock data. The 8 trillion tokens that have been moved out of known exchanges since November are worth $88 million. While both retail and large-scale investors have been undertaking major transactions, the volume of large transactions has shown a much bigger spike. See Also: Dogecoin Co-Founder Calls SEC Chair Gary Gensler ‘Useles…

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