South Korean Shiba Inu Whale Resumes Activity, Holdings Surpass 1.616 Trillion Tokens

A South Korean-based Shiba Inu (SHIB) whale has ended its two-month period of inactivity, sparking interest among crypto observers.

The whale, linked to CoinOne, has initiated a major on-chain movement by withdrawing 65 billion SHIB tokens. This significant transaction has put the entity back on the radar of cryptocurrency enthusiasts and analysts who monitor whale activity.

According to available data, this prominent investor now holds in excess of 1.616 trillion SHIB tokens, a substantial increase from its previous holdings.