On-chain metrics and data have reported a series of mass transfers on Shiba Inu (SHIB) that have sparked debates in the market. 1.26 trillion SHIB tokens were transferred from Coinbase to different wallets during the past 24 hours, causing investors and communities to question the implications of these movements.
While meme coin investors are seeking Shiba Inu price predictions, utility investors appear unmoved by the recent report. Specifically, investors who are positioned in Remittix (RTX) are instead counting days until they can realize their investment gains.
This article will discuss the recent mass transfer of SHIB tokens, provide Shiba Inu price predictions, and introduce Remittix.
SHIB Whale Transfer: What Is Happening?
Shiba Inu (SHIB), the second-largest meme coin, recorded a large series of transactions involving 1.26 trillion SHIB. As reported by Arkham, the transactions were executed on the Coinbase exchange. Over the past two days, multiple transactions were executed in smaller blocks, resulting in a total transaction value of approximately $12.7 million at current market prices.
Coinbase was listed as both the sender and receiver in these transfers, successfully retaining control over the tokens throughout. The breakdown of the transactions revealed that a large quantity of SHIB was moved in stages, with amounts like 551.6 billion, 414.8 billion, and 240.5 billion coins being transferred. Interestingly, the destination wallets used in these transactions showed no prior transaction history, suggesting that they were likely created by Coinbase itself for temporary routing purposes.
The transactions have sparked wild speculation within the crypto community, with some suspecting the involvement of a mysterious whale. However, it appears that Coinbase is simply attempting to move funds off its exchange to position for long-term gains. There's no indication that they are leaving the platform for long-term holding or new owners.
Shiba Inu Price Prediction: What You Should Expect
Despite the mass transfer within the SHIB ecosystem, the Shiba Inu price remained largely unaffected. This neutral effect has further fueled bullish Shiba Inu price predictions for Q4 and 2026.
Currently trading at $0.00001, Shiba Inu price predictions from different analysts point to a bullish ending in 2025. However, it's important to remember that SHIB, as the second-largest meme coin, has a market cap of $5.9 billion, which has somewhat limited its potential for explosive growth.
Rather than settling for moderate gains, seasoned investors are instead investing massively in Remittix. Read on to learn more.
Remittix: The New Trending Story
Remittix is a PayFi solution designed to facilitate instant crypto-to-bank transfers in over 30 countries, and it supports more than 40 cryptocurrencies. The Remittix wallet offers real-time FX conversion, bridging a $19 trillion global gap between traditional payment systems and cryptocurrency.
Users are not bothered with FX conversion and KYC problems. To secure investor confidence, a full CertiK audit has been completed; liquidity and team tokens have been locked for a period of three years.
Selling at a low price of $0.1166, Remittix offers a referral program where users earn a 15% bonus on their referee's purchase in USDT. Rewards are instantly claimable every 24 hours via the Remittix dashboard for withdrawal or reinvestment.
Investing in meme coins in 2025 may not be the best move, as their momentum has waned over the years. While Shiba Inu might still offer small gains, Remittix offers the potential for life-changing returns. You are not late; consider investing in Remittix today!
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