Significant Shib Inu Token $SHIB Moved from Coinbase to Dormant Account

A dormant account received 841B $SHIB ($8.8M) from Coinbase after 2 years of inactivity. This move coincided with a notable surge in $SHIB's price, sparking intrigue in the crypto community.

Timeline of Shiba-inu

The world of cryptocurrency never ceases to fascinate with its intricate patterns and signals. Shiba Inu (SHIB) is once again at the center of attention of the cryptocurrency market due to its chart painting an intriguing candlestick pattern, known as the "reversed doji.

In a recent revelation, Lookonchain, the on-chain analysis service, reported that Voyager Digital, the now-bankrupt crypto lending platform, has been offloading its crypto assets on Coinbase in recent days. Over the past four days, the defunct lender has sold 49 different crypto assets, netting approximately $63 million.

SHIB Price Analysis: Decoupling from rising FUD in the crypto market, the Shiba Inu price has shown a parabolic rally over the past two months. From a low of $0.00000543, the coin price has surged 83.6% and is currently trading at the $0.0000101 mark.

Lucie, the Chief Marketing Strategist for Shiba Inu, has taken to Twitter to provide crucial insights into the upcoming launch of Shibarium's Layer 2 solution, igniting a wave of excitement within the Shiba Inu community.

After consolidating just below $0.000010, Shiba Inu (SHIB) closed the week strongly, extending its 30-day price gains to 42%. On-chain data analysis examines how SHIB price could react as investors begin to position for upcoming projects.

Shiba Inu (SHIB) has been on everyone's radar today as there has been a confluence of impressive performance across its fast-growing ecosystem. SHIB Token Burn Reflects Shibarium Anticipation Whales within the Shiba Inu ecosystem are doing a lot to help bolster the overall outlook of the protocol ahead of the full launch of the Shibarium

In an unexpected move, Bitget, a prominent player in the crypto exchange arena, has unveiled its latest move, the listing of Bad Idea AI (BAD), the much-anticipated Shibarium token. This announcement has sent ripples of excitement throughout the Shiba Inu community, as BAD gains entry into Bitget's esteemed Innovation Zone, Meme Zone and AI Zone.

Shiba Inu, the meme coin that has gained one of the strongest communities in the cryptocurrency industry, has recently thrown a peculiar signal into the ring, and it is worth every trader's attention.

In an astonishing turn of events, an astronomical sum of Shiba Inu tokens, totaling a staggering 750 billion, has been observed on the move within the last 24 hours. The trail leads back to the bankrupt American crypto broker, Voyager, which appears to be orchestrating a complex series of transfers.

Shiba Inu upholds a bullish outlook that stemmed from trading June's low at $0.00000597. The second most prominent meme coin has since then seen its value grow by at least 75% to exchange hands at $0.00001046 on Monday.