Cryptocurrency exchange Binance has had the largest entry of Shiba Inu (SHIB) since February.
According to data provided by Dune Analytics to Binance Biggest SHIB entry in the last 10 months it happened. On the blockchain Crypto.comSHIBs originating from an address marked as owned by Binance have been transferred for trading to Binance’s hot wallets. the address in question 900 billion piece 2 different processes as a result in total 1.8 trillion SHIB‘I to Binance transferred.
of glassnode the data it offers 16 million dollars of this transfer February 28, 2022 transferred to Binance in one day since most voluminous SHIB transfer revealed that.
This transfer, which took place yesterday evening, is a possible risk by investors. sales pressure interpreted as and A short-term drop in the price of SHIB seen.
Earlier this month, Crypto.com reported that its total reserves were approximately 20% of constituent $558 million worth approx. 5 trillion SHIB announced that he had. According to on-chain data provided by Nansen, Crypto.com’s SHIB assets are currently $3.52 billion total reserves 14.2% of forming.
At the time of writing the news CoinGecko According to the data of SHIB price in 24 hour period %11th with an increase From $0.000000475107 traded in the markets.
Crypto.com, which is responsible for this big transfer, has been around in the past weeks. reserve evidence data shared $591 million worth of SHIB had confirmed its existence.