Anonymous Shiba Inu Billionaire Awakens and Pulls 34,924,296,000 SHIB Off Major US Exchange Coinbase
Analysis
Price Impact
MedA significant withdrawal of 34.9 billion shib from coinbase, a major us exchange, reduces the immediate supply available for sale. this typically lessens selling pressure, but the whale's ultimate intent (holding versus preparing for an otc sale) is unclear, leading to a moderate impact rating.
Trustworthiness
HighThe information is based on specific on-chain data and activity observed on arkham, a reliable source for tracking whale movements and exchange flows.
Price Direction
BullishThe act of moving a large sum of shib off an exchange suggests a reduction in immediate sell-side liquidity. if the price holds above the stated support level of $0.00000699 and reclaims $0.000009, this indicates accumulation and private control, which is bullish. however, failure of the support could signal preparation for future sales.
Time Effect
ShortThe immediate psychological impact on market sentiment from reduced exchange supply could be felt in the short term. the long-term effect depends entirely on the whale's strategy – whether they are holding for accumulation or staging for subsequent distribution (e.g., otc deals or transfers to other platforms).
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Shiba Inu (SHIB) just got a reminder that "whales are back" can be a numbers-only story, because Coinbase routing lit up again and the total came in big: 34,924,296,000 SHIB moved out in a short burst after about a month of inactivity. Advertisement The transfer was not just one big headline, as visible on a chart by Arkham . It came in four pieces to the same place: The total value of the SHIB is about 19.174 billion, with 14.306 billion worth about $100,000, 1.43 billion worth around $9,980 and a smaller 14.296 million SHIB top-up worth about $99.79. Source: Arkham After everything was said and done, the wallet had about $246,558.67 in total value, with the Shiba Inu coin making up about $244,470 of that. The rest was split up into small ETH and USDC balances. HOT Stories Bitcoin (BTC) Price Prediction 2026 Morning Crypto Report: XRP Kicks Off 2026 With 2,198% Liquidation Imbalance, Tether (USDT) Stuns With $780 Million Bitcoin Purchase, Meme Coin on Binance Loses 88% After Hacker Attack Ripple Kicks Off 2026 With 1 Billion XRP Unlock Crypto Market Prediction: Two Big Bitcoin (BTC) Barriers, Best XRP Price Timeframe at the Start of 2026, Shiba Inu (SHIB) Having a Calm New Year That packaging is the real deal. Big holders often divide withdrawals into smaller amounts for operational reasons, and Coinbase-labeled hot wallet activity points to custody flow more than a random retail spree. Advertisement Market side of Shiba Inu coin transfer The same address also shows prior inbound activity about a month earlier, including 29.505 billion SHIB and 6.25 billion SHIB. Then it went silent until this new cluster, which makes the timing pop even if the motive remains unclear. You Might Also Like Thu, 01/01/2026 - 00:01 Crypto Market Prediction: Two Big Bitcoin (BTC) Barriers, Best XRP Price Timeframe at the Start of 2026, Shiba Inu (SHIB) Having a Calm New Year By Arman Shirinyan On the market side, SHIB/USDT was trading near $0.00000701 on the four-hour chart, with a nearby floor marked around $0.00000699. If that level holds and price reclaims $0.000009, this reads like coins leaving exchange liquidity into private control. If $0.00000699 fails, however, it will start to look like inventory being staged for follow-on moves for the meme coin. Advertisement #Shiba Inu (SHIB) News #Shiba Inu #SHIB #Shiba Inu (SHIB) Price Prediction