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Over 1.16 trillion Shiba Inu tokens moved from Coinbase wallets, sparking market buzz but no price surge.

Market News
26 Jul 2026
Dailycoin
View Source
Neutral
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More than 1.16 trillion Shiba Inu (SHIB) tokens were transferred out of Coinbase-linked wallets in a rapid series of large moves, likely internal rebalancing rather than market selling or buying. Despite the massive transfer, SHIB's price stayed near multi-year lows with only a slight bounce, and technical analysis shows it remains in a bearish trend below key resistance levels. Additionally, about 74 billion SHIB tokens have been withdrawn from centralized exchanges recently, which could indicate holders moving to self-custody rather than selling. These large transfers have drawn attention but have not yet influenced SHIB's price or market sentiment significantly.

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