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A Shiba Inu whale transfer to Coinbase worth $36.6 million occurred on June 4th when 2.87 trillion SHIB tokens moved to Coinbase Prime. This Shiba Inu coin dump alert initially sparked concern, but investigation reveals the transaction involved Wintermute market maker moving funds from BitGo custody, not an anonymous whale dump amid cryptocurrency market volatility. Also Read: SHIB Price Bullish: $5K Could Become $5M on 503% Rally Analyzing Shiba Inu Whale Transfer, Market Volatility, and Security Risks Source: EconoTimes What Really Happened in This Shiba Inu Whale Transfer to Coinbase The transaction occurred Wednesday at 21:24 UTC from wallet “0x2e2c” to Coinbase Prime, and it wasn’t as mysterious as it first appeared. Whale Alert initially flagged this as an unknown whale movement, but research revealed the sending address belonged to Wintermute, a prominent market maker in the space. This Shiba Inu coin dump alert wasn’t actually a dump at all. At 20:53 UTC,...

Bitcoin (BTC) is nearing the long-awaited psychological level of $100,000 (or $100k) per coin, bringing mixed feelings among analysts. While some are dominated by pure euphoria, eyeing the next round target for BTC price, others show disbelief or caution. “What happens when Bitcoin hits $100k,” asked Eric Balchuas, Bloomberg ’s senior ETF analyst, who has been actively covering BTC ETFs. His post on X got over 1,800 comments in 10 hours, with many analysts and commentators giving their opinion. Eric Balchunas post: “What happens when Bitcoin hits $100k.” Source: X / Finbold Bitcoin price analysis, as BTC flirts with the $100,000 Finbold collected some of these comments and analyses to understand what “the crowd” has to say about Bitcoin’s $100,000. As of this writing, Bitcoin is trading at $98,440, retracing from the $99,500 recent all-time high. Picks for you ...