Binance hacker sold 499.9 billion SHIB in eight minutes, and the Shiba Inu price barely moved

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: the Binance hacker sold all 499.9 billion SHIB within eight minutes in the early hours of October 30 via ShibaSwap and Uniswap, at a discount of around 14 to 15 percent. The wallet is empty, and the price stands at $0.00000463 on Tuesday evening.Add as a preferred source on GoogleFollow on Google NewsWhat is confirmed: the Binance attacker sold his entire 499.9 billion Shiba Inu (SHIB) in the early hours of October 30, 2026, in 13 transfers within eight minutes, and the wallet has not held a single SHIB since. Our assessment follows further down: the sale barely moved the price because it went into two trading pools and was small relative to daily volume, and the overhang from this address has now been cleared. On Tuesday evening, November 3, SHIB trades at $0.00000463 according to data from CoinGecko, roughly €0.00000414. Over 24 hours it is up 1.2 percent, over seven days down 4.6 percent and over 30 days down 20.4 percent. Market capitalisation is around €2.44bn, pu...