0.05% of SHIB Supply Faces Uncertain Fate: Shiba Inu Veteran Issues Warning to Community

0.05% of SHIB supply appears to be locked in an uncertain fate, as according to longtime Shiba Inu community member Mazrael, nearly 500 billion SHIB, or about 0.05% of supply worth nearly $2.3 million, was transferred to the address tagged "Binance Hot Wallet Exploiter 2": 0x5227f603C1eE34CE3C06eFe6477003BDfCCB2f8c. This follows the recent hack at major exchange Binance, deemed the largest in crypto history, with an estimated total impact reported at around $6.3 billion. The hack, according to CryptoQuant, began with one transaction on Oct. 29, 2026, at 20:24 UTC: the wallet "Binance 14" sent out 167,464 ETH, worth $1.6 billion in USDT and 63 other tokens.

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