Shiba Inu Whale Sends 50% of SHIB Stack to Binance After Holding for 2 Years

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. As revealed by on-chain data from Arkham , an unknown whale operating the wallet “0xf2af…48420” transferred more than 24 billion Shiba Inu (SHIB) tokens today to the world’s largest cryptocurrency exchange, Binance. The figure itself is notable, but the context surrounding this transfer is even more important. Advertisement The previous SHIB transactions from this wallet took place about a year ago and also involved transfers to Binance. At that time, however, the unknown trader sent slightly more than two billion tokens to the exchange. Those 2025 transactions also followed a year of inactivity. The wallet’s involvement with Shiba Inu began more than two years ago, when it accumulated tens of billions of SHIB from various unmarked wallets. Shiba Inu "middle class" holders cut exposure to SHIB An important detail in this story is that despite the current transfer of 24 billion SHIB , worth nearly $150,000, the wallet still holds 25.47 billion Shiba Inu tokens. In addition, its balance includes BNB, ETH and LINK, bringing the total portfolio value to around $459,000. HOT Stories Morning Crypto Report: XRP Reclaims Key 200-Week Support, Bitcoin Briefly Hits $47,511 in $8 Million Mistake, USDC on Cardano Hits First Big Milestone Crypto Market Review: Will XRP Hold Support Line? Bitcoin Hides Severe Price Divergence, Ethereum (ETH) Bounces in Attempt to Recover $2,000 By crypto market standards, this is not a large sum and could be described as middle class. However, given the context of the recent transfer to Binance, the whale’s actions may reflect the sentiment of midtier Shiba Inu holders. Advertisement Wallet “0xf2af…48420” Activity with Shiba Inu (SHIB), Source: Arkham Considering SHIB’s unconvincing price performance, which has continued to decline since the start of 2026 and is down 11.43% at the time of writing, as well as the lack of clear growth drivers within the Shiba Inu ecosystem, it can be concluded that holders with multibillion SHIB balances currently prefer to reduce their positions. You Might Also Like Thu, 02/26/2026 - 11:58 Shiba Inu (SHIB) Unable to Break 26 EMA as Key Breakthrough Attempt Fails By Arman Shirinyan As seen in this case, they are not exiting completely, but the volume of tokens being sent to exchanges, where they are likely being prepared for sale, remains significant. Advertisement Whether SHIB will make this trader regret such a decision is not the question right now. What cannot be ignored is the clear intention of relatively large holders to remain flexible with their tokens, preparing both for a potential further decline in Shiba Inu’s price and keeping optionality in case of a possible rally in 2026. #SHIB #Shiba Inu #Shiba Inu (SHIB) News