1.75 Trillion SHIB Movement From Robinhood
Release: 2024/05/02 20:31 Reading: 314
1.75 Trillion SHIB Moved From Robinhood
On Thursday, Whale Alert reported two substantial transactions involving Shiba Inu (SHIB) tokens. On May 2nd, 1.75 trillion SHIB tokens, valued at approximately $19 million each, were transferred from Robinhood. This significant movement has generated renewed bullish sentiment and signs of recovery within the SHIB community.
It's noteworthy that this recent transfer followed a series of large SHIB transactions from the same wallet to Robinhood in the preceding days. Eight days prior, 3 trillion SHIB tokens were transferred, and 13 days before that, 4 trillion SHIB tokens were moved. These transactions suggest that the wallet in question may be an internal wallet for Robinhood.
The price of Shiba Inu has experienced a rise of over 6% in the past 24 hours, potentially influenced by the positive sentiment generated by these large-scale transfers. The community remains optimistic about the future prospects of SHIB, as these movements indicate continued interest and support for the cryptocurrency.
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