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Shiba Inu Bullish Signal: Whale Withdraws 1.7 Trillion SHIB From Huobi | Bitcoinist.com

Shiba Inu Bullish Signal: Whale Withdraws 1.7 Trillion SHIB From Huobi | Bitcoinist.com thumbnail

Data shows a Shiba Inu whale has withdrawn 1.7 trillion SHIB from the crypto exchange Huobi, something that could prove to be bullish for the price of the crypto.

1.72 Trillion SHIB Exited Crypto Exchange Huobi During The Past Day

As per a tweet from crypto transaction tracker Whale Alert, a user has transferred 1.72 trillion SHIB from the Huobi crypto exchange to an unknown wallet, possibly a personal address.

The Shiba Inu withdraw transaction converted to almost $19.4 million at the time it took place, but since then the value of this stack of coins has reduced to just under $19.1 million. Such large transactions usually belong to a single whale or an entity consisting of multiple investors.

Generally, whales mak

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