Binance Moves 17,527,443,126 Shiba Inu to Cold Wallet While SHIB Price Holds Near $0.00000788
According to on-chain data, Binance shifted 17,527,443,126 Shiba Inu tokens from a hot wallet to an internal cold storage address on the Ethereum network, prompting debate among SHIB holders. The transfer involved no ETH and cost less than $0.01 in gas fees, while SHIB was trading around $0.00000788 with stable volumes and no visible spike in selling pressure. Analysts suggest the operation appears to be a storage and reserve management move rather than a signal of imminent liquidation, though any sharp volatility this week could hint at a broader strategic rebalance.