Monitoring data from Lookonchain reveals that whales, Justin Sun, and a new wallet have been consistently accumulating SHIB over the past month. Just 4 hours ago, the new wallet "0x95ad" withdrew 237.87 billion SHIB (worth $2.56 million) from a centralized exchange (CEX). Justin Sun withdrew 57.7 billion SHIB (worth $6.17 million) on December 18th and 19th at a price of $0.0000103 per SHIB from a CEX.
Whales "0xfa22" and "0xF17f" (possibly the same entity) transferred 85 billion SHIB (worth $7.57 million) from a CEX at a price of $0.0000089 per SHIB over the past month. Another whale, "0x8652," started accumulating SHIB from a CEX on August 9th and has accumulated 54.33 billion SHIB (worth $5.8 million) at an average price of $0.0000083 per SHIB, with the majority (53 billion) accumulated on November 30th and December 1st.