Singapore-licensed cryptocurrency exchange Coinhako reallocated over 441 billion SHIB tokens within 24 hours, with 253.69 billion SHIB transferred from its hot wallet and the remaining 187.66 billion SHIB stored in cold wallets. Prior to this, SHIB's price increased by 8% on the day. Approximately 60% of the platform's trading volume comes from institutional clients, and it supports direct trading of SHIB with Singapore dollars and US dollars. This large-scale fund transfer suggests that major Asian participants may be conducting strategic rebalancing.

SHIB3.47%
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