Staggering 332 billion SHIB moved to Robinhood, triggering speculation
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Given that Cumberland primarily serves institutional investors in the financial industry via its institutional over-the-counter liquidity in various cryptocurrencies, various possibilities exist.The transfer may be part of a broader trend of institutional interest in SHIB, with Robinhood potentially boosting its portfolio as it offers SHIB trading to its millions of users.
There is also the possibility that this is a move by a large-scale investor, commonly known as a"whale," who may be positioning itself for a major market play.boasts a market valuation of $19.28 billion. The price of SHIB has fallen 4.31% in the last day to $0.00003266, owing to profit-taking following a stunning 300% increase in the previous week.Meanwhile, Shiba Inu trades in a symmetrical triangle pattern on its four-hour chart. A sustained close above the $0.
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