Shiba Inu (Shib) witnessed one of the biggest whale transactions of the month. A total of 161,327,411,476 SHIBs, worth almost $1.97 million at current prices, have been withdrawn from Coinbase and moved to a new Ethereum wallet without prior activity.
The influx had two waves two days ago, 62.85 billion S.B. ($756,770) and 984.7 billion S.B. ($119 million) 14 hours ago. Both have been transferred to the same wallet, and are currently shown at 161.3 billion Siv.
Remember that leaks from large exchanges like Coinbase can show that users prefer something independent or want to use tokens in Defi, and Shiba Inu has Shibarium. Price action may not be guaranteed, but a large Shib spill from Coinbase tends to cause scrutiny.
Price-wise, Shiv has changed hands today to around $0.0000122, which was less than 1% in the last session. The token bouncing slightly after soaking in 0.0000117 $0.0000117 earlier this week. Looking at the daily charts, SHIB has been stuck between $0.0000115 and $0.000018 for most of 2025.
Shiba Inu Coin’s conclusion
Binance trading volume shows Shib averaged around $150 million this month. That’s well below the over $1 billion peak seen during the rally in early 2025.
The focus is on new wallets and whether it sends tokens elsewhere. With 161 billion Shibs parked from Coinbase, a new headline player has appeared on the Shiba Inu Whale Watch.
