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Shiba Inu Tanks 10% as $70M in SHIB Leaves Coinbase Wallet, What’s Next?

What happened

Shiba Inu’s price fell 13% in the last 24 hours from top to bottom, trading at $0.00001312. Daily volume hit $522 million during the move. The drop followed the transfer of 5 trillion SHIB (worth about $70 million) from Coinbase Institutional to an unknown wallet, as reported.

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