CandleFocus 200 Billion Shiba Inu (SHIB) Suddenly Land in Top US Exchange's Wallet
2024-11-04
Author: Content Editor
Gemini, a major U.S. cryptocurrency exchange, has moved a significant amount of funds into a new multisignature custody wallet. The wallet, created 18 days ago, now holds a large amount of altcoins, including 200 billion Shiba Inu (SHIB) tokens valued at $3.39 million. Additionally, the wallet holds 42,000 ETH worth $103.8 million, 350,000 LINK worth $3.77 million, and 400 billion PEPE tokens worth $3.29 million. The move suggests a strategic decision by Gemini to strengthen its custodial services and secure funds across popular assets. The inclusion of SHIB tokens indicates growing institutional interest in the meme-inspired token and community-driven projects.
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