Whale coin hoarding signal? 3 trillion SHIB suddenly transferred from Coinbase to hosted wallet, developers simultaneously announced Base/Solana cross-chain roadmap.

On-chain monitoring data shows that a mysterious Whale Address transferred nearly $39 million worth of 30 trillion SHIB Tokens from Coinbase Prime to a new hosted wallet, which may indicate long-term holding intentions. This move coincides with the announcement by Shiba Inu's core developers of a cross-chain expansion strategy based on the Chainlink CCIP framework, aiming to bring SHIB to the Base and Solana networks. At the same time, the daily burn rate of SHIB surged by 1985%, with over 4.7 million Tokens permanently removed. Multiple dynamic factors have sparked market discussions about the deflationary effect of SHIB and its multi-chain ecosystem layout.

Whale Activity: 30 Trillion SHIB Transferred to Cold Storage

The blockchain tracking platform Whale Alert has detected that a certain Whale Address recently executed a key operation: withdrawing a total of 30 trillion SHIB (approximately $38.97 million at the average price of $0.00001299 at that time) from Coinbase Prime hosted wallet to a newly created self-hosted Wallet. It is noteworthy that this is the first transaction for the receiving Address, and on-chain behavior analysis shows that this Whale prefers long-term value investment rather than short-term trading, which is usually interpreted as a bullish signal.

Destruction rate surged by 1985%, deflationary model continues to exert force

As the Whale transfers assets, the daily burn rate of SHIB Token has seen an astonishing increase, soaring 1985% within 24 hours. This burn has permanently removed over 4.7 million SHIB Tokens. The community generally believes that this significant reduction in circulating supply is one of the key factors driving the long-term price growth of SHIB, continuously reinforcing its deflationary token economic model.

The developer has released the official cross-chain roadmap, targeting Base and Solana

Although Ethereum remains the core territory for SHIB, developers are actively expanding its multi-chain landscape. Shiba Inu ecosystem developer Kaal Dhairya has clearly stated that SHIB will "always be an Ethereum native Token," while officially launching ecological expansion plans based on the Base and Solana blockchains. To ensure that cross-chain development benefits the native community and maintains Token value, Dhairya emphasized that the official Chainlink CCIP (Cross-Chain Interoperability Protocol) framework must be adopted. The core advantages of this framework are:

  1. The burn mechanism ensures deflation: every cross-chain transaction will destroy a corresponding amount of SHIB on the Ethereum chain.
  2. Secure Bridge: Ensured by Chainlink's decentralized oracle network to safeguard asset cross-chain security.
  3. Full ecosystem support: The team has invested heavily and partnered closely with Chainlink to ensure that all four native tokens (SHIB, LEASH, BONE, TREAT) within the Shiba Inu ecosystem will have cross-chain support in the future.

Strictly Control Ecological Value to Avoid Dilution and Abuse

Dhairya issued a clear warning to developers: if SHIB is only deployed on other chains without supporting the development of the entire ecosystem, it will be seen as exploitative behavior. He urged builders to give back to the native ecosystem that gives life to the token. This tough stance aims to ensure that as SHIB expands its reach, it effectively prevents value dilution and identity abuse, supported by a unified CCIP framework to help SHIB become scarcer and more valuable over time.

Parallel Ecological Construction: Development Tools and Governance Upgrades

In addition to the cross-chain strategy, the Shiba Inu team has recently upgraded its developer portal. The new portal provides clear guidance for setting up validation nodes and creating decentralized applications (dApps), aiming to lower the development threshold and enhance network participation and decentralization. In addition, project leader Shytoshi Kusama has previously hinted at establishing new collaborations to build AI infrastructure for Shibarium. The ecosystem is also preparing for the Alpha Layer update and the launch of a new decentralized exchange (DEX). At the governance level, the community has announced that elections will be held soon to form a DAO governance committee and appoint an interim president, laying the organizational foundation for the next stage of development.

Conclusion

The massive transfer of SHIB by Whales to cold Wallets, the surge in the destruction rate, and the clear official cross-chain strategy point to the pursuit of long-term value accumulation and sustainable development within the Shiba Inu ecosystem. The use of Chainlink CCIP framework for cross-chain expansion not only opens the liquidity door to emerging ecosystems such as Base and Solana for SHIB, but also defends the core deflationary attributes and community interests through a mandatory burning mechanism and strict ecological guidelines. As developer tools improve, AI infrastructure is introduced, and DAO governance progresses, the Shiba Inu ecosystem is building an increasingly solid multi-chain development foundation. Its ability to break through in the fierce multi-chain competitive landscape will depend on the effectiveness of ecological construction and the market's recognition of its deflationary value narrative.

SHIB-4.7%
SOL-6.11%
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GateUser-9ba896a8vip
· 6h ago
Whale Activity: 30 Trillion SHIB Transferred to Cold Storage
View OriginalReply0
AyiLovesToEatBvip
· 7h ago
bullish means short
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