Shiba Inu Wallet That Turned $8K to $5 Billion is Active Again, Here's How Much $SHIB Was Cashed Out

A Shiba Inu ($SHIB) wallet that purchased $8,000 worth of $SHIB tokens last year saw its valuation rise to nearly $5.4 billion after the meme currency hit a new all-time-high (ATH) in October. Many claimed that the owner might have forgotten or lost the private keys to the wallet given it doesn’t seem plausible that someone would hold a meme currency for that long. However, to everyone’s surprise, the wallet was activated yesterday as the owner started moving out the funds.