Rewards Hub Shiba Inu (SHIB) experienced a significant shift as 45.9 billion tokens were withdrawn from exchanges over the past week, indicating a move towards long-term holding by investors. This development comes amid a broader trend in the cryptocurrency market.
In parallel, Bitcoin ETFs have seen record outflows, totaling $5.55 billion, marking the largest withdrawal since their peak. Meanwhile, XRP holder YoungHoon Kim has predicted that XRP could outperform traditional assets like gold and silver by 2026, despite its current market cap of $113 billion.
45.9 Billion SHIB Tokens Withdrawn as Bitcoin ETF Outflows Hit Record
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.