Whale Withdraws 5 Trillion SHIB from Coinbase Institutional Amid Price Drop
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最新报道：A major whale withdrew 5 trillion SHIB tokens (worth approximately $38.7 million) from Coinbase Institutional amid SHIB's recent price drop, according to blockchain tracker Whale Alert. The transfer, executed in two transactions of 3 trillion and 2 trillion SHIB, moved the funds to an unknown wallet. This large-scale withdrawal coincides with SHIB's 7% decline over the past week, though the token has seen a 14% monthly gain. Analysts speculate this could signal accumulation by institutional players or high-net-worth investors anticipating a price rebound, as similar large transfers have historically preceded SHIB price rallies. The Shiba Inu ecosystem continues developing utility with Shibarium's layer-2 solution gaining traction.
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