Crypto News Digest by U.Today

Here’s the rewritten article without any domain URLs:

—

U.Today presents the top three new stories over the past day.

### $1 Billion Mystery Stuns Cryptocurrency Market: What Happened?
Recent on-chain data reveals substantial Bitcoin transfers within the crypto market, highlighted by the movement of $1 billion worth of BTC. These funds were shifted from several unidentified addresses to new wallets in increments of 2,000 BTC. The exact purpose and origin of these transactions remain uncertain; however, one of the sending addresses may be associated with Fidelity Custody, a prominent crypto custodian. Notably, Fidelity launched its spot Bitcoin ETF, FBTC, earlier this year. These significant transfers could indicate an internal asset reorganization or potentially mark the onset of increased inflows into Bitcoin ETFs and rising demand for BTC, possibly driving up its price. As of now, BTC is trading at $64,883, reflecting a 1.79% increase over the past 24 hours.

### Shiba Inu (SHIB) on the Verge of Profitability Again
According to data from IntoTheBlock, 50% of Shiba Inu (SHIB) holders are currently seeing profits at a price of $0.00001718, suggesting potential for further profit growth if prices continue to increase. Additionally, 73% of large SHIB holders are classified as whales, meaning these major players could significantly impact price fluctuations through their trading activities. The price of Shiba Inu is closely influenced by the overall cryptocurrency market, particularly Bitcoin, due to their strong correlation. Although there are mixed signals regarding SHIB’s future, trading platforms indicate a rise in demand, marked by a 128.19% increase in bid-ask volume imbalance. Investors should monitor the critical price level of $0.00001700, as surpassing this mark may initiate a more substantial upward trend and enhance profitability for SHIB investors.

### 400 Million XRP Transferred in 24 Hours – What’s Happening?
On September 25, Whale Alert, which tracks large cryptocurrency transactions, observed a series of significant transfers involving XRP. More than 400 million XRP were moved across five transactions, with four occurring in quick succession between two blockchain addresses. Three of these transfers involved 95 million XRP each, valued at approximately $55.5 million, while the fourth transaction moved about 98.8 million XRP worth $57.8 million. In total, $224.2 million worth of XRP was transferred in these notable transactions. These movements likely represent internal platform transactions or a major holder reallocating their XRP assets. In another transaction, 17.2 million XRP were sent from an anonymous wallet to the Bitstamp exchange, possibly tied to international money transfer initiatives.

—

This article summarizes recent developments in the cryptocurrency market while maintaining clarity and coherence.