This transfer took place after a recent crucial development when the SHIB Metaverse was rolled out on the Shibarium blockchain after several years of the SHIB team working hard to create it.
News
Thu, 12/26/2024
2.8 trillion Shiba Inu on the move
Whale Alert shared the details of a massive meme coin transfer which was marked as a withdrawal from BTCTurk — the second largest centralized cryptocurrency exchange in Turkey — and moved a mind-blowing 2,884,590,622,344 SHIB from it to an anonymous wallet.

The fiat equivalent of this enormous SHIB lump was an impressive $65,703,762. The withdrawal was conducted less than 17 hours ago, according to the on-chain data provided.
The crypto community was amazed to see such a huge transaction of the second most popular meme coin, Shiba Inu, and began to share its assumptions as to the destination of the transaction. Some believe that it was a whale making huge moves with their SHIB coins.
Massive withdrawals explained
All those assumptions were made despite a comment from BTCTurk itself that this transfer was nothing more than an internal transaction in an attempt to optimize their wallets. The comment says that these transfers “are fully managed by us, and there is nothing out of the ordinary.”
Three other large transfers were performed from BTCTurk to anonymous wallets, but this time, they involved Ethereum, not SHIB. A total of $220 million worth of ETH were transferred: 23,285; 20,000 and 20,000 ETH.
The platform commented under each of those Whale Alert’s tweets that those crypto movements were part of their “wallet optimization efforts.” Still, crypto enthusiasts continued to suggest reasons for those withdrawals and even wondered if the exchange had been hacked.
SHIB team launches Metaverse
As reported by Lachakari this week, the SHIB team, including its mysterious lead Shytoshi Kusama, announced that what initially seemed to be a never-ending project — SHIB Metaverse — was finally open for users for early access on Shibarium.
SHIB fans now can link their wallets, claim pieces of virtual lands, build a house and spend time in this virtual universe, travel around it, visit temples and beautiful nooks of nature, meet, relax and exchange ideas.
$SHIB
#BTCXmasOrDip? #Crypto2025Trends #MarketRebound #Shibarium #Binance

$PENGU
Pudgy Penguins ($PENGU ) has rapidly gained attention in the cryptocurrency market, particularly following its December 17, 2024, launch. The token's value surged by over 500% shortly after its debut, reaching an all-time high of approximately $0.06989 before stabilizing around $0.03745.

This impressive performance has positioned $PENGU among the top meme coins by market capitalization, currently ranking fifth with a market cap exceeding $2.2 billion.

The token's launch was marked by a significant airdrop, with over 1.1 million addresses claiming approximately 21 billion PENGU tokens, accounting for 91% of the total airdrop allocation. Notably, 74% of recipients sold or moved their tokens to other wallets, while 16% chose to hold, with 3.5% purchasing additional tokens.

Analysts are optimistic about PENGU's future, with some projecting that its market cap could reach $10 billion during the current bull market, driven by high demand and the success of the airdrop.

However, it's important to note that the cryptocurrency market is highly volatile, and while PENGU has shown significant growth, its future performance will depend on various factors, including market conditions and investor sentiment.

#BTCXmasOrDip? #Crypto2025Trends #PENGU🔥 #Binance #Write2Earn

$XRP Current Price: $2.1731 (-5.04%)
Timeframe: 4H Chart
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Key Observations:
Price Action: XRP is experiencing a pullback after facing resistance near $2.34, moving towards key support levels.
Support Zone: $2.15 is a strong support zone, holding as a key level in the recent price action.
Resistance Zone: Immediate resistance is seen at $2.25 and $2.34. A breakout above these levels could trigger bullish momentum.
Trend: Consolidation with a slight bearish bias as sellers dominate in the short term.
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Trade Recommendations:
1. Long Position:
Entry: $2.15 (near the support zone or after bullish confirmation)
Target Levels:
Short-Term: $2.25
Mid-Term: $2.34
Extended: $2.40
Stop Loss: $2.10 (below the support zone to manage risk)
2. Short Position:
Entry: $2.20 (on rejection from resistance or confirmation of bearish momentum)
Target Levels:
Short-Term: $2.15
Mid-Term: $2.10
Extended: $2.05
Stop Loss: $2.25 (above immediate resistance)
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Predictions and Strategy:
Bullish Scenario: A break above $2.34 could signal a strong uptrend, with targets at $2.40 and beyond.
Bearish Scenario: If $2.15 fails to hold, XRP could see a deeper correction towards $2.05 or lower.
Risk Management:
Secure partial profits at each target level to reduce exposure. Adjust stop losses to breakeven once the first target is achieved.
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Technical Outlook:
The chart offers actionable opportunities for both long and short trades. Monitor price action closely, especially around the $2.15 support zone and $2.25 resistance.

#CryptoTrading #XRPUSDT #TradingSignals #Binance #TechnicalAnalysis

$WIF

Key Level Zone : 2.000 - 2.1000

HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.

HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.

Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.

If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!

HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals

HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
#BinanceLabsBacksUsual #GrayscaleHorizenTrust #BTCNextMove #binance

Are you guys still holding and bullish on $STRK? I guess 100% still are, I am too when checking the trading situation on Binance and OKX.

STRK derivatives data:

1️⃣Netflow
Almost always negative, meaning the amount of $STRK withdrawn from the exchange is greater than the amount deposited:

- They are not selling STRK immediately, but tend to hold assets in personal wallets (possibly for long-term investment).
=> Prices have decreased since the beginning of December to the present, but the amount of tokens withdrawn from the exchange to wallets is also considered the second highest of the year, after March and April 2024.