Coinbase Whales Transfer Massive SHIB Holdings: A Move That Raises Questions

A significant Shiba Inu (SHIB) holding, associated with Coinbase, has taken place on the blockchain. The owner transferred their entire balance of 202.49 billion SHIB tokens – worth around $2.64 million – directly to aCoinbase Prime hot wallet just hours ago. This is notable as it marks the first time this specific address has acted since accumulating the Shiba Inu tokens over two months ago.