2.2 Trillion #SHIBA INU (SHIB) Tokens Moved from Robinhood Sparks Market Speculation Amid 5% Price Drop Blockchain data has revealed a significant movement of 2.2 trillion #Shiba Inu (SHIB) tokens from Robinhood to an unknown destination. This move fueled speculation in the $SHIB community and the broader crypto market; It was especially noteworthy that it was simultaneous with a 5% decrease in the price of the token. This transaction is estimated at approximately $39.9 million and is one of the largest movements of $SHIB tokens seen in recent times.

The timing of the transfer raised many questions among investors and market analysts. Although no direct causality has been established between the transfer and the price drop, it has led to speculation. Withdrawals of this size from an exchange like Robinhood are often seen as a harbinger of underlying strategic moves.