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Newton Gitonga

Shiba Inu Investor Sells 14.5 Billion SHIB on Binance at 83% Loss After March 2024 Peak Entry

Blockchain data from Arkham shows a mid-sized "shark" wallet closed a 14.5 billion SHIB position on Binance at an 83.2% loss. The trade, worth over $508,000 when opened near Shiba Inu's March 2024 peak of $0.00004546, was sold for roughly $86,000 after about two years of inactivity as SHIB trades near $0.00000580.