Shiba Inu Coin Whale Breaks 8-Month Silence to Quietly Absorb SHIB on Binance

Shiba Inu Coin Whale Breaks 8-Month Silence to Quietly Absorb SHIB on Binance

Source: UToday

Published:14:06 UTC

BTC Price:$64049.8

#SHIB #ShibaInu #Whale

Analysis

Price Impact

Med

A large whale breaking an 8-month silence to accumulate shib on binance is a positive sign, indicating confidence from a significant player. however, the quantity is not massive, and the overall market sentiment for shib has been bearish, suggesting a moderate impact rather than immediate high impact.

Trustworthiness

Med

Price Direction

Bullish

The whale's strategic accumulation at multi-year lows suggests a belief in a future price increase. the market is currently at a discount, and this 'buying the dip' behavior, especially by a large, previously dormant wallet, points towards a potential bullish reversal if the support level holds.

Time Effect

Short

The article suggests that the impact of this accumulation could be seen in the short term if the price holds the current support and breaks out of its narrow volatility range. the mention of the next direction depending on holding current thresholds implies a shorter timeframe for potential movement.

Original Article:

Article Content:

Cover image via depositphotos.com 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. Not significant in quantity terms, but notable as a trend in itself, an on-chain maneuver has been recorded in the Shiba Inu market , as a large investor broke an eight-month silence to begin quietly and systematically buying SHIB tokens, data by Arkham confirms. Advertisement While most retail SHIB holders are realizing losses en masse due to the absence of explosive growth, this wallet is selectively taking advantage of the deep market discount by using the biggest liquidity pool for the token — Binance. Strategic buyers target multi-year Shiba Inu coin lows According to data from TradingView, by the end of July 2025, the SHIB price had compressed to multi-year lows near $0.000004142 , effectively returning to the key support zones of late 2022 and completely losing the speculative momentum seen in early 2024. HOT Stories Robinhood CEO Breaks Silence on Crypto Hack Cash Cat (CASHCAT), Solana (SOL), XRP and Dogecoin (DOGE) Price Analysis for July 24: Recovery Hype Goes Out The wallet's behavior clearly reflects a strategy of absorbing the local bottom. In this context, the current status of the portfolio indicates that the address has accumulated more than 50.25 billion SHIB tokens, which make up the absolute majority of its holdings and are worth approximately $209,200. Advertisement Anonymous Shiba Inu coin buyer breaks 8-month silence on Binance, Source: Arkham At the same time, the nature of the transactions and the history of transfers from Binance hot wallets completely refute the hypothesis of an accidental purchase, confirming that the large player is systematically withdrawing SHIB into personal custody after a prolonged pause. You Might Also Like Fri, 07/24/2026 - 11:00 3 Million SHIB Sent to Dead Wallet, but Burn Rate Stays Low By Tomiwabold Olajide The next direction for the coin now depends on whether its price can hold the current historical threshold of $0.0000041. For the accumulation to develop into a full-scale trend reversal, buyers need to form a dense order wall in the Binance order book and prevent a breakdown below this level, which could automatically trigger retail traders' stop-loss orders. Advertisement The main indicator of an imminent move will be a breakout from the current narrow volatility range. This would require large exchange volume to accompany the withdrawal of tokens to cold wallets, confirming a phase of full-scale accumulation and preparing the ground for Shiba Inu coin's first attempt in two years to challenge local price resistance. #Shiba Inu (SHIB) News #Shiba Inu