โฌ ๐ฆ๐๐๐ ๐๐ข๐๐๐๐ฅ๐ฆ ๐๐๐ง ๐๐๐-๐ง๐๐ ๐ ๐๐๐๐
๐น Shiba Inu (SHIB), the second-largest meme coin by market cap, just hit a new milestone in total holders.
โ SHIB now has 1,510,290 on-chain holders, the highest number ever recorded, according to @Etherscan_SHIB.
โก๏ธ Thatโs a 3,000+ holder increase since May 24.
โSHIB continues to grow with unstoppable momentum,โ the tweet stated.
๐ธ Whale Moves: 7.5 Trillion SHIB Sent to Coinbase
๐ According to Whale Alert, three massive SHIB transfers were spotted heading to Coinbase Institutional this week:
2.54T SHIB ($31.6M) sent 11 hours ago
2.87T SHIB ($36.6M) sent on June 5
A similar large transfer occurred earlier this week
๐ฐ That totals nearly 7.5 trillion SHIB, likely pointing to a whale offloading or repositioning their holdings.
๐ฆ All three transfers came from unknown wallets, adding to speculation of a major sell-off in progress.
๐น What This Means
While SHIBโs network growth remains strong, the large Coinbase deposits could signal upcoming volatility if a whale decides to dump tokens on the market.
Still, the surging holder count shows SHIBโs grassroots community isnโt slowing down.
๐ง Keep an eye on both on-chain growth and whale moves to gauge where SHIB heads next.
