Binance's transfer of 17.5 billion shib to a cold storage address was an internal consolidation or liquidity management move, not an external withdrawal or sell-off. the immediate market reaction showed shib trading sideways with no abnormal sell pressure or significant price change.
The analysis is based on verifiable on-chain data from arkham and directly observed immediate market behavior, as reported by a reputable crypto news source.
The article explicitly states shib/usdt was 'trading sideways' with 'almost no change' post-transfer, indicating no significant immediate price movement in either direction.
The analysis focuses on the immediate aftermath of the transfer. while it mentions potential 'strategic rebalancing' if prices fluctuate 'this week', the current impact is assessed as short-term neutral.
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 Binance transferred 17.5 billion SHIB tokens to a cold storage address, causing fresh speculation around Shiba Inu's price . Advertisement Spotted four hours ago on the Ethereum blockchain, as visible on an Arkham chart , funds were moved from a Binance hot wallet (0x28C) to its internal cold wallet (0x4fd), routed via the Shiba Inu contract (0x95a). On-chain records confirm no ETH was transferred, with a total gas cost of less than $0.01, but it is the "when" that may get SHIB holders to scratch their heads. HOT Stories Morning Crypto Report: Dogecoin to the Moon? $1.10 DOGE Price Scenario Revealed, Solana Phone Coin Explodes 400%, $1.37 Billion in XRP Risk Flooding Market Turkish Banking Giant Extends Ripple Partnership U.Today Crypto Review: XRP Prints Double Bottom, Shiba Inu (SHIB) Uptrend Available, Bitcoin (BTC) 'Now or Never' Price Moment U.Today Crypto Digest: Ripple Snatches Major Partnership in $5 Trillion Pool, XRP Defies Death Sentence, Shiba Inu Avoids BTC Selling Pressure Source: Arkham Large hot-to-cold wallet shifts by exchanges signal one of three things: user withdrawals secured offline, consolidation for liquidity management or preemptive asset positioning. Advertisement In this particular case, the absence of an outflow spike and the internal nature of the transaction suggest that the move is more about storing things differently than warning about a sell-off. Shiba Inu (SHIB) price reaction: Unveiled SHIB's price action post-transfer confirms the theory. As of press time, SHIB/USDT was trading sideways at $0.00000788, almost no change since the event. No abnormal sell pressure was detected, and volumes remained consistent with the previous 24-hour trend. This suggests the transfer has not triggered fear or exit behavior from investors. Advertisement You Might Also Like Fri, 01/23/2026 - 12:23 Shiba Inu (SHIB) Can Return to 2025: Is it the Biggest Comeback? By Arman Shirinyan Even so, the wallet that got the SHIB is one of Binance's well-known deep storage reserves. These are usually used to store tokens for a long time. If the price of the Shiba Inu coin starts to bounce around a lot this week, it might be a signal that the cold wallet shift is part of a bigger strategic rebalancing plan. For now, though, Shiba Inu seems to be untouched by internal Binance flows — at least on-chain. #Shiba Inu (SHIB) News #Shiba Inu #Binance