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Shiba Inu Whale Activity Surges with 1 Trillion Tokens Moving to Exchanges
The second-largest memecoin, Shiba Inu (SHIB), is experiencing increased whale activity. Over 1 trillion SHIB tokens moved to exchanges in the last 24 hours, signaling potential price volatility.
Key Points
- Santiment reported a significant rise in SHIB whale transactions on Dec. 8, with 406 transactions over $100K.
- Exchange reserves increased by 1.06 trillion SHIB, bringing the total to 136.95 trillion tokens at exchanges.
- The surge follows recent Shibarium exploit revelations and massive token outflows from Coinbase.

Price Implications
- SHIB price rose 1.82%, trading at $0.000008583 with a 13% increase in daily volumes.
- Analyst Crypto Patel highlighted SHIB's support zone between $0.0000080 and $0.0000060, suggesting potential gains if trends repeat.
Maxi Doge (MAXI) Presale Success
- Maxi Doge (MAXI) meme coin raised over $4.2 million in its presale.
- The project features community engagement, staking, and trader rewards.
- The presale allocates 40% of tokens for public sale with a hard cap of $15.76 million, after which it will list on decentralized exchanges.