Whales in the Shiba Inu community have transferred 1.675 trillion SHIB tokens to Coinbase, causing concern among investors about potential selloffs. However, an investigation suggests that the addresses involved may belong to Coinbase, indicating that the exchange used the transactions to shuffle its SHIB holdings. The three addresses in question have been receiving SHIB tokens from Coinbase wallets since September 2021, and they now hold zero SHIB tokens, suggesting a potential offloading of assets. This could be due to asset shuffling or the redemption of withdrawal requests, which is seen as a bullish sign. The current price of Shiba Inu is $0.00001892, and an increase in exchange withdrawals could boost its momentum.



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