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Crypto

Binance Shuffles $15 Billion in Shiba Inu Tokens Between Internal Wallets

Guavy AI Editorial Team
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BNB SHIB
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Binance, the largest cryptocurrency exchange by trading volume, has internally moved over 3.09 trillion Shiba Inu tokens between its cold wallets.

The transfer occurred in two separate transactions, each taking place just one minute apart, indicating an internal wallet-management operation rather than buying or selling activity.

Binance executed the first transaction by moving approximately $5.84 million worth of SHIB from one cold wallet to another, followed by a second transfer valued at around $10.62 million.

The receiving wallet now holds 37.604 trillion SHIB, making it the fourth-largest SHIB holder according to Etherscan data.

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