
Title: 2.75 Trillion SHIB in Hours, What’s Going On?
The cryptocurrency market is known for its unpredictability and volatility, but the recent massive whale activity in Shiba Inu has raised eyebrows. Within a short period of just hours, approximately 2.75 trillion SHIB were withdrawn from exchanges.
This sudden withdrawal could be attributed to various reasons. One possible explanation is that large holders are moving their assets to cold storage for security purposes. This move would suggest a bullish sentiment in the market as whales prioritize securing their assets rather than selling them.
It’s also essential to note that Shiba Inu has recently entered into a partnership with Chainlink, which could be contributing to the increased activity. The adoption of the CCT standard and integration with CCIP may have sparked this movement.
Source: u.today