Shiba Inu token big transfer, the truth is like this!

#2025有哪些关键叙事?

Hey, friends in the crypto circle, there's something big I need to tell you! That Whale Alert, which we often use to track cryptocurrencies, has recently focused on the Shiba Inu token. It turns out that a large amount of SHIB was swiftly transferred from the BtcTurk exchange in Turkey to a wallet that no one knows about!

When exactly did this happen? Just yesterday at 16:23 (UTC), 2.88 trillion SHIB, that's right, so much, was withdrawn. This operation was worth 65.7 million dollars, which directly alarmed friends in the Shiba Inu community!

Everyone took a look at this situation and began to speculate. Some said this must be done by a crypto whale, trying to move SHIB out of the exchange before the price takes off. Others felt that this was for safety, after all, personal wallets are much safer than exchanges.

However, the BtcTurk exchange quickly came out to explain. They said that this was just part of their wallet optimization work, aimed at making operations smoother and safer. They also mentioned that such transfers are very common on the blockchain, and services like Whale Alert will monitor them.

Speaking of which, earlier this year, Robinhood also conducted similar internal transfers, involving hundreds of trillions of SHIB. This time, BtcTurk's transfer of 2.88 trillion, compared to those, can be considered small potatoes. Moreover, BtcTurk also emphasized that these transfers are under their control, and there’s nothing to worry about.

Take another look at that receiving wallet, which now has 2.98 trillion SHIB, worth 66.49 million dollars, ranking third in the wallet, second only to Pepe and Ethereum.

However, the price of SHIB has not been very strong recently, dropping 4.11%, down 7.69% in a week, and down 11.48% in a month. The entire cryptocurrency market is also adjusting, with the market cap dropping 0.93% in a day, now only 3.4 trillion dollars.

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