According to on-chain data, large holders have recently been secretly manipulating the liquidity of SHIB on exchanges. Since December 5th, SHIB has been continuously flowing out of exchanges, with a massive 80T tokens being withdrawn. Look at the SHIB balance on the exchange, it has been forcibly reduced from 370.3T to 290.3T. What's even more interesting is that over the past two months, some new wallets have been continuously withdrawing tokens from a major platform like CEX, totaling 82T, when the price was approximately $0.0000085 per token. These 82T represent about 28% of the exchange's balance at that time, which is a significant proportion. This whale operation clearly indicates accumulation of SHIB, preparing to exert a greater influence on the market.
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According to on-chain data, large holders have recently been secretly manipulating the liquidity of SHIB on exchanges. Since December 5th, SHIB has been continuously flowing out of exchanges, with a massive 80T tokens being withdrawn. Look at the SHIB balance on the exchange, it has been forcibly reduced from 370.3T to 290.3T. What's even more interesting is that over the past two months, some new wallets have been continuously withdrawing tokens from a major platform like CEX, totaling 82T, when the price was approximately $0.0000085 per token. These 82T represent about 28% of the exchange's balance at that time, which is a significant proportion. This whale operation clearly indicates accumulation of SHIB, preparing to exert a greater influence on the market.