Meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) has witnessed a massive withdrawal of 8 trillion tokens from exchanges since November.
What Happened: The self-proclaimed ‘Dogecoin (CRYPTO: DOGE) Killer' has seen a major spike in whale activity, according to IntoTheBlock data.
The 8 trillion tokens that have been moved out of known exchanges since November are worth $88 million.
While both retail and large-scale investors have been undertaking major transactions, the volume of large transactions has shown a much bigger spike.
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