SHIB Exchange Reserves Fall Below 87 Trillion
- Binance moved 3.09 trillion SHIB internally as exchange reserves dropped below 87 trillion tokens across the broader market.
- Two Binance transfers occurred one minute apart, pointing toward coordinated cold-wallet management rather than confirmed selling activity.
- Exchange reserves reached 86.86 trillion SHIB after 82.21 billion tokens moved toward private wallets during 24 hours.
SHIB exchange reserves have fallen below 87 trillion tokens as Binance shifted 3.09 trillion SHIB between internal cold wallets during two closely timed transactions.
Binance Moves 3.09 Trillion SHIB Internally
TheCryptoBasic claimed the transfers, based on data from Arkham Intelligence. Binance transferred a total of 3,098,891,481,684 SHIB in two separate transfers. Both transfers were made within one minute, which is a linked wallet-management operation.
The first one was a transfer of 1.099 trillion SHIB from a Binance controlled cold wallet to another cold wallet. The value of that transfer was estimated at roughly $5.84 million. The second transaction moved another 2 trillion SHIB between those same wallets.
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