Mystery Whale Withdraws 111.5 Billion SHIB from Coinbase in 24 Hours - What's Behind the Move?
Published at：2025年07月03日 21:25
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A massive Shiba Inu (SHIB) whale has executed a staggering withdrawal of 111,518,676,500 SHIB tokens from Coinbase within a single day, raising eyebrows across the crypto community. The anonymous transaction, equivalent to millions of US dollars, completely drained the exchange's SHIB reserves, sparking speculation about potential market impacts. Industry analysts are closely monitoring whether this represents strategic accumulation or signals upcoming volatility for the memecoin. The move comes as SHIB maintains its position among the top cryptocurrencies by market capitalization, despite recent market fluctuations.
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