$SHIB $XRP

1. 2.87 Trillion SHIB Moves to Coinbase Institutional

A massive 2.869 trillion SHIB (≈ $36.6 million) transfer recently caught market attention, arriving in a wallet tied to Coinbase Prime, the institutional arm of Coinbase . What's notable: the funds originated from a previously dormant wallet that has shed the majority of its SHIB holdings—but still retains over 30 billion tokens. Whale watchers speculate the sender might be Wintermute, a recognized trading firm, though no official confirmation from Coinbase or Wintermute has been issued. Historically, such large institutional inflows can signal upcoming trading maneuvers or strategic positioning.

2. Chinese AI Firm Files $300 Million XRP Treasury Plan with SEC

Hangzhou-based Webus International Limited, focused on AI-driven mobility services, has submitted a Form 6‑K filing with the U.S. SEC outlining its proposal to establish an XRP-based treasury valued at around $300 million . The initiative, unveiled June 2, involves a partnership with U.S.-based Samara Alpha Management to deploy XRP for international payments in chauffeur and booking services. The SEC has yet to weigh in, making it a development that could have notable implications for XRP’s adoption in enterprise use.

3. Binance Flags Four Tokens with “Monitoring Tag”

Binance has placed four tokens—Beefy (BIFI), StaFi (FIS), Komodo (KMD), and Measurable Data Token (MDT)—under its Monitoring Tag list, effective June 5 . Tokens on this list are under watch due to elevated volatility or regulatory uncertainty. While they remain tradable, Binance has cautioned users that continued monitoring could lead to delisting. The exchange will regularly reassess each token, keeping traders informed of any further changes to services or listing status.

SHIB on alert: A nearly $37 million institutional transfer could hint at either preparation for large-scale trading or deeper accumulation—worth monitoring for price movement.