HOT: These 144 billion Memecoin tokens were transferred to Binance
Shockingly, 144 billion tokens worth about 1.293 million USD were transferred from this popular memecoin to Binance.
A massive transfer of 144 billion Shiba Inu (SHIB) tokens worth approximately $1.293 million was discovered on Binance and attracted the attention of the crypto community.
These transfers have a variety of purposes, from redistributing assets between accounts for security reasons to preparing for a major sell-off or even transferring tokens for staking or liquidity in protocols decentralized finance (DeFi).
Trading volumes are steady and the Relative Strength Index (RSI) is trending in the neutral zone confirming neither overbought nor oversold conditions.
This suggests that the upward momentum could continue if market sentiment remains positive and buying pressure continues.
