1.06 Trillion SHIB Transferred to Coinbase From An Unknown Wallet 

David Gokhshtein claims he has no interest in the Shiba Killer
David Gokhshtein claims he has no interest in the Shiba Killer "THE"

Shiba Inu (SHIB) worth 1.06 trillion moved from Mysterious Wallet to Coinbase.

An unknown wallet sent Shiba Inu (SHIB) worth $12,156,362 (12.15M) to Coinbase in a single transaction. After the Shiba Inu price dropped from the crucial resistance level at $0.00001157 on the 4-hour chart, the transaction took place.

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According to Whale Alert, a tremendous 1,060,594,914,000 (1.06T) SHIB, valued at $12,156,362 ($12.15M), had been sent by the unknown wallet to Coinbase, the largest cryptocurrency exchange in the United States based on trade activity. About an hour ago, the large transfer was completed in a single, powerful transaction.

A little time after Shiba Inu pulled back from the critical resistance level at $0.00001157 on the 4-hour chart, the transfer took place. SHIB has been trading in a sideways trend between a small price range of $0.00001077 and $0.00001157 since September 24.

Shiba Inu Technical Analysis

Shiba Inu Technical Analysis

The most widely used cryptocurrency with a canine theme saw a large increase in its daily trading volume on October 5. While attempting to break through the crucial barrier, it recorded a two-week high price of $0.00001178, but regrettably failed to maintain its worth and slightly declined.

The second-largest cryptocurrency in the world with a canine theme at the time of writing is edging close to a significant resistance level. Shib is currently trading at $0.00001151, up 2.83% from the previous day, with a $339,434,345 ($339.43M) 24-hour trading volume.

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