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May 26, 2025

What Happened to 142 Billion SHIB Tokens Moved from Coinbase Prime

Coinbase Prime transferred over 142 billion SHIB tokens, equating to roughly $2 million, to an inactive wallet without any explanation. This move generated curiosity among crypto enthusiasts and analysts. Arkham Intelligence revealed this significant transaction, which took place about 15 hours ago. The considerable amount of Shiba Inu tokens and the lack of clarity on its purpose have sparked discussions within the trading community. Speculators are now wondering about the implications of this transfer, which could influence SHIB’s performance in the following days. The reasoning behind such a substantial move remains unclear, sending ripples through the crypto market. Experts are closely monitoring the situation for any insights that may arise regarding this unusual transfer.

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