A massive transfer worth approximately $1.27 million and involving up to 1.452 trillion SHIB tokens was deposited into Robinhood's hot wallet, sparking speculation about retail investors buying in or potential hidden exits. Meanwhile, a well-known trader, famous for leveraging $30 million to bet on XRP, has shifted his positions to major assets such as Bitcoin (BTC) and Ethereum (ETH), and is holding a short position worth $35 million. Notably, he does not hold any XRP. Additionally, Bitcoin's price breaking above $96,000 triggered a large-scale market liquidation, with short positions accounting for $263.85 million out of the total $291.86 million liquidated, resulting in a liquidation imbalance of up to 942%, indicating the market is experiencing a strong short squeeze.