Sunday, June 29, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Shiba Inu

What’s Happening? — TradingView News

cryptonews100_tggfrn by cryptonews100_tggfrn
June 8, 2025
in Shiba Inu
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


In a transfer that has caught the eye of the crypto group, an enormous 2,542,712,471,794 Shiba Inu SHIBUSD tokens price round $31.65 million had been transferred to Coinbase Institutional in a single transaction, in line with information from Whale Alert.

Whale Alert studies that “2,542,712,471,794 SHIB (31,651,684 USD) transferred from unknown pockets to Coinbase Institutional.”

🚨 🚨 2,542,712,471,794 #SHIB (31,651,684 USD) transferred from unknown pockets to Coinbase Institutionalhttps://t.co/SZEeT7y5Yj

Jun 06, 2025

The SHIB transfer, which originated from an unknown wallet, suggests that a major whale or institutional entity could be making a strategic play. The transaction, due to its magnitude and the relatively short time frame, has sparked speculation about whether it is a sell-off preparation, a custodial migration, or a signal of institutional interest in SHIB.

The huge whale transaction, however, was shown to be related to market maker custody rather than a whale looking to sell coins. The receiving address, Coinbase Institutional — a service tailored for high-net-worth individuals and institutions — provides insight into the transaction.

A large holder or fund might be preparing to custody SHIB in expectation of future price appreciation. It could also simply be transferring assets from a cold wallet to Coinbase Institutional for secure storage, not immediate selling.

SHIB price action

Shiba Inu experienced a three-day slide from its June 3 highs of $0.00001345 but recovered at support near $0.0000119 on Friday with above-average volume, indicating a clear demand zone. The momentum was sustained in the early Saturday session. As of writing, SHIB was up 3.10% in the last 24 hours to $0.00001282 and 3.70% weekly.

The cryptocurrency is still caught in a downward-trending channel, as indicated by trendlines connecting the highs on May 12 and May 23 to the low on May 17.

On the upside, Shiba Inu would face an immediate resistance at $0.00001389, which coincides with the daily SMA 50, ahead of the daily SMA 200 at $0.00001745.





Source link

Related articles

Crypto Weekly Recap: Here’s What Happened in Crypto This Week (June 22-28, 2025)

Crypto Weekly Recap: Here’s What Happened in Crypto This Week (June 22-28, 2025)

June 29, 2025
Shiba Inu Defends Support Level Amid 3.18% Drop, 12,833% Burn Rate Surge

Shiba Inu Defends Support Level Amid 3.18% Drop, 12,833% Burn Rate Surge

June 29, 2025
Tags: happeningNewsTradingViewWhats
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Crypto Weekly Recap: Here’s What Happened in Crypto This Week (June 22-28, 2025)

Crypto Weekly Recap: Here’s What Happened in Crypto This Week (June 22-28, 2025)

by cryptonews100_tggfrn
June 29, 2025
0

The value of Bitcoin rebounded to over $107,000 this week after dropping beneath $100,000 from late last week to early this week....

Shiba Inu Defends Support Level Amid 3.18% Drop, 12,833% Burn Rate Surge

Shiba Inu Defends Support Level Amid 3.18% Drop, 12,833% Burn Rate Surge

by cryptonews100_tggfrn
June 29, 2025
0

Shiba Inu (SHIB) has just lately proven resilience by defending the $0.00001 help stage, regardless of a day by day...

Calculate the Amount of SHIB Needed to Reach $5 Million

Calculate the Amount of SHIB Needed to Reach $5 Million

by cryptonews100_tggfrn
June 28, 2025
0

Reaching $5M with SHIB requires main value jumps or huge token holdings. SHIB burn charges are rising, probably boosting worth...

Which Cryptocurrency Is More Likely to Be a Millionaire Maker? XRP vs. Shiba Inu

Which Cryptocurrency Is More Likely to Be a Millionaire Maker? XRP vs. Shiba Inu

by cryptonews100_tggfrn
June 28, 2025
0

Most traders know the lure of a lottery ticket. In crypto, that ticket usually takes the type of a meme...

Volume at Zero, Ethereum (ETH) Absolutely Stuck

Volume at Zero, Ethereum (ETH) Absolutely Stuck

by cryptonews100_tggfrn
June 28, 2025
0

Ethereum deadlockShiba Inu sleepingXRP is on the verge of slipping into harmful territory because it grinds decrease, towards the vital...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Operator, employee of Bellflower company are charged in $1 million crypto investment scheme, DA says

Operator, employee of Bellflower company are charged in $1 million crypto investment scheme, DA says

June 29, 2025
Ripple’s ‘Ethereum-style’ roadmap: Smart contracts, lending & legal clarity

Ripple’s ‘Ethereum-style’ roadmap: Smart contracts, lending & legal clarity

June 29, 2025
London-listed companies pile into bitcoin

London-listed companies pile into bitcoin

June 29, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (99) Bitcoin (345) BlockDAG (58) BTC (104) bullish (53) Buy (127) Cardano (159) ChainLink (122) coin (59) crypto (436) Cryptocurrency (136) Detail (61) DOGE (75) Dogecoin (140) ETF (83) ETH (94) Ethereum (202) flash (62) hits (51) Inu (108) launches (60) Link (54) market (103) million (52) News (196) Polkadot (79) POLYGON (68) prediction (77) Presale (58) price (298) rally (59) RWA (64) SHIB (61) Shiba (115) SOL (79) Solana (193) Sui (117) Surge (60) token (51) top (112) trading (50) TradingView (61) Trump (101) world (50) XRP (262)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.