2.86 Trillion SHIB Stuns Coinbase Institutional, Chinese Firm Files $300M XRP Plan With SEC, Binance Flags Four Tokens for Possible Delisting
🚨 Massive 2.86 Trillion SHIB Transfer Hits Coinbase Institutional
On June 5, blockchain tracker Whale Alert reported a massive transaction of 2,869,483,918,550 Shiba Inu (SHIB) — valued at approximately $36.6 million — being transferred to Coinbase Institutional.
The sending wallet, previously unknown and not tied to any major exchange, had been holding a significant SHIB portfolio. Following the transfer, the wallet now retains just over 30 billion SHIB, having offloaded its largest asset. The recipient address is associated with Coinbase Prime, the institutional-grade platform operated by the U.S.-based exchange.
While unconfirmed, some speculate the wallet may belong to Wintermute, a major trading firm. However, no official comments have been released by Coinbase or any parties involved. The sheer size and destination of the transfer suggest potential institutional-level activity in the works.
🧾 Chinese Firm Submits $300M XRP Treasury Plan to SEC
In a surprising development, Webus International Limited, a Hangzhou-based company specializing in AI-driven transportation services, has officially filed Form 6-K with the U.S. Securities and Exchange Commission (SEC) outlining plans to build an XRP-based digital asset treasury.
The plan, which includes a $300 million initiative, is aimed at integrating XRP to power instant international payments for Webus’s chauffeur and ride-booking services. On June 2, Webus signed a strategic agreement with U.S. investment firm Samara Alpha Management to establish the framework for its treasury operations.
Although filed with the SEC, the regulator has not yet issued a decision on the proposal.
⚠️ Binance Issues Delisting Watch Alert for Four Cryptos
Binance has updated its "Monitoring Tag" list as of June 5, 2025, signaling potential delisting risks for the following four tokens:
-
Beefy (BIFI)
-
StaFi (FIS)
-
Komodo (KMD)
-
Measurable Data Token (MDT)
According to Binance, tokens under the Monitoring Tag show higher volatility and compliance risk. They are subject to regular reviews, and continued failure to meet listing standards could lead to full removal from the exchange. For now, all trading and services related to these assets remain unaffected.
🌟 Support Our Crypto Journey 🚀
If you'd like to support our Crypto Wala initiative, you can send crypto to any of the wallet addresses below. Every contribution helps us move forward and grow stronger. Thank you for being part of our journey! 🙌
---
🔹 TRON (TRC20) / USDT TRC20
TUASrsA9u1qdvio46KCQjkQSZ5JLboBkQf
🔹 Binance Smart Chain (BNB)
0xD585E89922afEF2ecCbC47F6C7a4692113852489
🔹 Bitcoin (BTC)
bc1qkyzgcwl7km254tpm624a3gk2vajnul5cpvz97d
🔹 Dogecoin (DOGE)
DBoSZzUd6j98iJCyGhtyzYHaUQQTyj2hvf
🔹 Ethereum (ETH)
0xD585E89922afEF2ecCbC47F6C7a4692113852489
🔹 Litecoin (LTC)
ltc1qsm3j7h9zvcnq6ypcfvnu2lndzs7evnslhe9jjh
🔹 Polygon (POL / MATIC)
0xD585E89922afEF2ecCbC47F6C7a4692113852489
🔹 Solana (SOL)
8KrBXubbRTkb8piG6tzL8YMz3pfhQjDn3mBudTJLtEFc
#Shiba #shibainu #coinbase #crypto #xrp #bitcoin #memetoken #cryptowala
Post a Comment