The recent memecoin surge has seen significant whale activity, notably with Whale 0x541 depositing all 197.99 billion Shiba Inu (SHIB) tokens, valued at $4.88 million, to Coinbase at $0.00002463 after six months of inactivity. This move marks a significant profit for the whale, who originally acquired these tokens at an average price of $0.000008468. Between October 10, 2021, and September 11, 2023, Whale 0x541 accumulated SHIB tokens from Coinbase and decentralized exchanges (DEXs) at an estimated cost of $1.68 million. If the whale sells at the current price, the estimated profit would be $3.2 million, a substantial 191% gain after
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