Binance transferred 17.5 billion SHIB tokens into a cold wallet, prompting renewed questions about Shiba Inu's price outlook. Traders and on-chain watchers say the shift could reduce exchange-held liquidity, though the motive is unclear.
South Korean exchange Upbit will move an additional 1% of user deposits into cold storage, increasing offline holdings from 98% to 99%. The change is intended to reduce hot-wallet exposure and strengthen custody security for users.