An interesting SHIB story emerged overnight as one
An interesting SHIB story emerged overnight as one wallet spent the day consistently withdrawing Shiba Inu from Coinbase. The wallet ended up with 169.13 billion SHIB in a clean address, which is now worth $1.49 million. Advertisement What makes this noteworthy is how straightforward the pattern is, without the typical noise of routing, splitting or exchange-to-exchange maneuvering that large holders often use.Arkham shows six incoming transfers from the same Coinbase hot wallet, landing one after another across a tight 17-hour window. The sizes jumped from 11 billion SHIB to 81 billion SHIB, signaling that this was not a casual pickup but rather a controlled sweep. HOT Stories Ethereum Offline? 23% Network Disruption Causes Outage, Vitalik Buterin Reacts Morning Crypto Report: Ripple CEO Reveals When $180,000 for Bitcoin, XRP at $2.20 Not Bull Trap: Bollinger Bands, Shiba Inu (SHIB) Ready to Delete Zero Crypto Market Prediction: XRP's Mythical 1,100% Activity, Bitcoin's Upside Setup Strengthens, Shiba Inu's (SHIB) Razor-Sharp Reversal Window Ripple CTO Shares Hilarious Email from Jed McCaleb Impersonator Source: ArkhamThe address has not sent anything out, so it is not an exchange wallet or an internal shuffle. This is someone building a position with purpose. Advertisement What's with Shiba Inu coin price?The timing is interesting because SHIB has been stuck near $0.0000088 — a level the market keeps returning to — and the chart has not shown anything that would naturally attract this kind of demand. Yet whales often prefer conditions like these, when the price is flat and the sentiment is weak, since that is when they can absorb size without creating an obvious trail. You Might Also Like Thu, 12/04/2025 - 15:05 Will Shiba Inu (SHIB) Lose 81,000,000,000,000 Threshold? ByArman Shirinyan What comes next depends on whether this wallet continues to absorb liquidity from Coinbase. If new inflows persist, traders will likely interpret this as positioning for a potential move toward the upper range, around $0.0000117. However, if the activity ceases, the market will view it as a one-time accumulation event. While intriguing, it does not signal a major trend.
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