Crypto Mystery: Giant Shiba Inu Whale Awakens After 6-Month Slumber, Dumps Billions

Published 1 day ago2 minute read
David Isong
David Isong
Crypto Mystery: Giant Shiba Inu Whale Awakens After 6-Month Slumber, Dumps Billions

A major cryptocurrency whale, closely associated with Binance and dormant for the past six months, has resurfaced with a sizeable new investment in Shiba Inu (SHIB). According to data from Arkham, the whale transferred 15.18 billionSHIB tokens, valued at approximately $119,330, into wallet 0xDB345…fba0.

This move mirrors the whale’s activity in mid-2025, when the same wallet accumulated 46.6 billion SHIB through multiple purchases before going silent. While that earlier position is currently 6.7% underwater, the renewed activity suggests a continuation of a long-term accumulation strategy rather than an exit.

Image credit: Crypto Economy

SHIB Now Dominates Whale’s Portfolio

The SHIB transaction occurred alongside smaller transfers of Ethereum (ETH), Dogecoin (DOGE), andWorldcoin (WLD) from Binance hot wallets over a three-hour window. However, the SHIB purchase stood out both in scale and intent.

Following the latest top-up, the wallet’s SHIB holdings now total 61.84 billion tokens, worth roughly $484,840 at current market prices. This makes SHIB the largest single allocation in the whale’s overall portfolio, which is estimated at $1.67 million.

Source: Google

Strategic Buying Amid Market Weakness

The whale’s reappearance comes amid renewed price volatility for Shiba Inu, which is down 6.78% amid a broader crypto market sell-off. Despite the downturn, the large inflow suggests the whale is averaging into weakness rather than reducing exposure.

Other holdings in the portfolio have also declined, including 495.1 BNB ($459,840), 138.95 ETH ($447,040), and 660,000 Fetch.ai (FET) tokens ($159,870). Smaller positions in Pepe (PEPE), ApeCoin (APE),and WLD are also in the red, with FET and APE down more than 11%.

Market analysts note that the whale’s repeated pattern—emerging after long inactivity to buy in stages before disappearing again—suggests deliberate positioning rather than speculative trading. The wallet’s exclusive interaction with Binance, avoiding decentralized exchanges, further reinforces this view. If SHIB can hold the $0.0000076 support level and reclaim its 50-day moving average, analysts believe the whale’s current losses could quickly turn profitable, potentially before broader market sentiment shifts.

Loading...
Loading...
Loading...

You may also like...