A withdrawal of nearly half a trillion shib from coinbase prime to an untagged wallet removes a significant amount of tokens from immediate exchange supply. this reduces potential sell pressure from the exchange side, which is moderately positive.
The data originates from arkham, a reliable on-chain analytics platform, and the analysis explores plausible scenarios for such a large withdrawal.
The withdrawal occurred when shib was trading near weekly lows ($0.0000072 zone), indicating a potential 'buy the dip' strategy from a large holder. this suggests a belief in future price appreciation and an intent for accumulation rather than immediate selling.
The article explicitly mentions this move as potentially signaling a 'longer hold' and a 'longer-term strategy,' implying the holder is betting on future repricing rather than short-term gains.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News As revealed by Arkham's data , a total of 485,106,817,819 SHIB was transferred from a Coinbase Prime hot wallet to one untagged address over just two days. This was not a single, big-deal transaction, as the accumulation was broken into three smaller parts. Once the transfers were done, the receiving wallet was left holding 485.1 billion SHIB as its main asset, with a valuation just above $3.47 million. Advertisement There are only a few realistic options here. One is that the owner plans to keep Shiba Inu (SHIB) off-exchange, which would remove the immediate sell-side supply from Coinbase and let them bet on later repricing. Another is that the wallet acts as an operational hub, a pause before distribution to other venues, liquidity routes or structured positions. Source: Arkham The withdrawal happened during a period when SHIB was trading closer to weekly lows around the $0.0000072 zone, rather than during a price spike. That is basically the line where dips get bought by optimists and sold into by tired holders, so seeing coins pulled off-exchange here reads like someone accepting short-term heat for a longer hold. HOT Stories Morning Crypto Report: XRP Death Cross Alarm With -26% on Radar, Bitcoin and Ethereum Drop $1,078,000,000, Solana Sees 99% Rug Pull Bitcoin Reserve Ends Up Being One of Biggest Fails of 2025 Crypto Market Prediction: Shiba Inu's (SHIB) First Big Test in 2026, Bitcoin (BTC) Enters Year-End Rally Again, XRP $2 Is Target Again 459 Billion SHIB Leaves Exchanges, World’s Highest IQ Holder Bullish on XRP in 2026, Bitcoin ETFs See Worst Performance Since Launch — Crypto News Digest Shiba Inu (SHIB) price is key Price-wise, if SHIB holds above the $0.0000071 to $0.0000072 zone, the next upside targets will be $0.0000074 first and then the $0.0000078 area, mostly because that is where recent weekly rejection tends to cluster. Advertisement Should SHIB lose that band and print lower weekly closes, the market will start hunting for the next demand pocket around $0.0000068. You Might Also Like Tue, 12/30/2025 - 13:24 Shiba Inu Team Issues Final Message to SHIB Community as 2025 Ends By Tomiwabold Olajide The next phase will be visible soon. If the wallet sits idle, the market story will start to shift toward accumulation and a longer-term strategy. If the SHIB starts moving in pieces again, the story will switch to staging and execution. Either way, the numbers speak for themselves. Advertisement #Shiba Inu (SHIB) News #Shiba Inu #SHIB #Coinbase