Mystery Whale Deposits $10.7 Billion SHIB on Bybit

A significant cryptocurrency movement has unfolded on Bybit, as an unknown entity deposited a staggering 10.7 billion SHIB tokens on May 20, 2025. The identity of this whale remains undisclosed, prompting speculation and intrigue within the crypto community. Despite the substantial transaction, the price of SHIB has remained relatively stable, indicating minimal immediate market disruption. However, experts suggest that large deposits like this might often stabilize quickly without long-term effects.