Shiba Inu Whale Mover of Billions Takes SHIB to Self-Custody

An unknown Shiba Inu (SHIB) whale has moved an enormous 125.33 billion SHIB tokens from a BitGo custody wallet to a self-custodial wallet, sparking speculation about their intentions.

This significant transfer comes after the wallet received massive deposits totaling over 1 trillion SHIB from two large whales, one of which had been inactive for three years.

The move suggests that big investors may be adopting a long-term hold strategy and moving SHIB off major platforms. Market indicators also hint at growing bullish sentiment among large SHIB holders, which could support price stability above key levels.