Trillions of SHIB Withdrawn to Cold Wallets in July: Details

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Trillions of SHIB Withdrawn to Cold Wallets in July: Details
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.ShytoshiKusama 3.30 trillion $SHIB moved from exchanges into cryptoselfcustody in July as the Shibarium launch approaches

This large increase in the SHIB supply held in self-custody indicates that the Shiba Inu community looks forward to the upcoming start of Shibarium on the mainnet and is rubbing their hands together in anticipation of a SHIB price rise that everybody expects to occur.

has also been added to top whales' holdings in less than two months by wallets holding between 10 million and 100 billion SHIB tokens.According to the tweet published by the analyst, in the month of July, thanks to the mutual efforts of Shiba Inu holders, roughly 3.30 trillion SHIB were transferred from crypto trading platforms into cold wallets for long-term storage. That amount of SHIB is the equivalent of $28 million.

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