Trillions of SHIB Moved by Whales and Crypto Exchange Under Fire: See Details

SHIB

Whales and this harshly attacked exchange have moved over two trillion Shiba Inu

Over the past 24 hours, an anonymous whale transferred a surprising amount of SHIB to the Binance exchange, according to details of two transactions shared by Etherscan.

This was a total of 1,800,000,000,000 meme coins. There was also another transfer of this canine crypto worth paying attention to that moved half a trillion Shiba Inu. This makes it 2.3 trillion SHIB in total.

2.3 trillion canine token exchange arm

According to data provided by Etherscan, 1.8 trillion Shiba Inu was transferred by a wallet to a crypto address that belongs to the Binance exchange. The tracker above doesn’t identify the sender’s wallet, so it could be an anonymous whale sending part of its crypto stash to be sold on the largest exchange by trading volume.

The second transfer, which carried 499,999,985,538 SHIB, was clearly made between two Binance wallets — apparently, as part of the continuous proof-of-reserves audit initiated by Binance itself after the recent collapse of another leading exchange, FTX, previously run by Sam Bankman-Fried.

FTX filed for bankruptcy in early November after it was unable to bail out its trading company, Alameda Research, using funds from FTX clients.

Binance and CZ under fire from “Dr. Doom” Roubini

Prominent economist and crypto critic Nouriel Roubini, also known as ‘Dr. Doom” in financial circles, has recently been pretty aggressive in his tweets and public speeches about Binance exchange and its CEO and co-founder Changpeng Zhao (CZ).

Specifically, Roubini has stated multiple times that Binance is “shader than FTX” and compared BNB to the FTT token and Binance’s CZ to North Korean dictator Kim Jong-un.

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