The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The official Shiba Inu (SHIB) X account sparked security concerns after promoting suspicious third-party tokens on July 10. This was followed by the U.S. government transferring massive amounts of seized SHIB tokens to exchanges on July 17. By July 18, exchange outflows surged by over 126%, coinciding with a return of price volatility and heightened on-chain activity.