Upbit reorganizes 864 billion SHIB tokens between its own addresses

U.Today··Read original
2▲0 ▼0Impact / 5
Summary · why it matters

South Korea's largest crypto exchange, Upbit, executed a large-scale transfer of 864 billion SHIB tokens, worth about $4 million, between its own addresses. The internal reorganization of Shiba Inu tokens would normally have drawn little notice, but recent events are prompting market participants to scrutinize such movements more closely.

Impact on assets 1

Others▲
Shiba Inu
SHIB-USD
± Mixedrelevance

Internal transfer of SHIB tokens between Upbit addresses; no direct impact on Shiba Inu's fundamentals or market.

Off-coverage companies 1

Dunamu Inc.i
Private± Mixedrelevance