In the past 24 hours, a whale holding approximately 16–17% of the Shiba Inu (SHIB) supply moved about 800 billion SHIB tokens (equivalent to nearly $4.9 million) to the CoinMENA exchange, according to EmberCN. The transaction was executed through multiple intermediary steps before being recorded as a deposit, while this wallet still retains approximately 95–99…
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The number that’s been circulating across crypto media — $831 billion — is not a stablecoin market cap. It is not total supply. It is the amount of stablecoins that were actually transferred on-chain over the past 30 days. That distinction matters enormously, because the story it tells is almost the opposite of what a…
