SEC Preparing for Shutdown, Shiba Inu Whales Selling Rapidly, Millions of RLUSD Ready to Hit Market After Recent Launch: Crypto News Digest by U.TodayDon't miss out on any important updates in the industry, read U.Today's crypto news digest for the latest news and events!Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.
This whale entered the Shiba Inu market back in August 2020, purchasing 15.28 trillion SHIB, which peaked at a value of $1.22 billion. The total profit realized by the investor over the course of their holdings constitutes $109 million, and they still retain 2.15 trillion SHIB, worth around $52.18 million. The recent liquidation raises concerns about changing whale behavior, which can influence retail market sentiment and increase volatility. At writing time, SHIB is changing hands at $0.