Whale’s Strategic SHIB Withdrawal Signals Long-Term Hold Amid Market Dip

In a notable move within the cryptocurrency market, an anonymous investor has withdrawn a staggering 5 trillion Shiba Inu (SHIB) tokens from Coinbase Institutional, valued at approximately $70 million. This substantial transfer, which occurred during an 11% price drop in SHIB to $0.000013, suggests a potential long-term holding strategy. The tokens were moved to a newly created on-chain wallet, where they remain inactive, potentially reducing immediate selling pressure on the asset. This development highlights the confidence of large-scale investors in SHIB's future prospects, even amid short-term market volatility. As of July 25, 2025, this transaction stands as one of the most significant whale movements in the SHIB ecosystem, sparking discussions about its potential impact on the token's price trajectory and market dynamics.

Whale Withdraws 5 Trillion SHIB from Coinbase Institutional Amid Price Drop

A significant transfer of 5 trillion shiba inu (SHIB) tokens, worth approximately $70 million, has been executed by an anonymous investor. The tokens were moved from Coinbase Institutional to a newly created on-chain wallet, where they remain idle—signaling a potential long-term hold strategy that may alleviate immediate selling pressure.

The transaction coincided with an 11% decline in SHIB's price to $0.00001343, reflecting broader weakness across cryptocurrency markets. Such a sizable movement by a single entity underscores heightened activity in the Shiba Inu ecosystem and could sway market sentiment among retail and institutional participants alike.

Coinbase Institutional Moves $70 Million in Shiba Inu in Largest OTC Transfer of the Year

Coinbase Institutional executed a $70 million over-the-counter transfer of Shiba Inu (SHIB) to an anonymous wallet on July 23, marking the largest such transaction in 2024. The move follows three sequential SHIB transfers totaling $120 million in early June, signaling continued institutional engagement with the meme coin.

While the purpose remains undisclosed, industry observers note such bulk OTC trades typically reflect portfolio rebalancing or liquidity management strategies. Coinbase's institutional arm specializes in shielding spot markets from volatility by facilitating large-scale off-exchange transactions for corporate clients.

The transfer underscores growing sophistication in SHIB's market infrastructure, with whale activity increasingly channeled through regulated intermediaries rather than public order books. This mirrors broader trends of institutional capital flowing into select altcoins through compliant gateways.

Shiba Inu Holders Show Long-Term Conviction Amid Market Volatility

Shiba Inu investors are demonstrating unwavering commitment to the meme coin, with average hold times now exceeding 2.8 years according to IntoTheBlock data. This metric, covering more than half of SHIB's five-year existence, signals a maturation from speculative trading to long-term positioning.

The loyalty persists despite SHIB's recent retreat to $0.000013, erasing gains made after its July breakout above $0.000015. Many current holders entered positions during the 2021 bull run that catapulted SHIB to its all-time high of $0.00008845, creating numerous millionaires overnight.

Market observers note the extended holding periods suggest investors anticipate another major price surge. The data reveals a community betting on SHIB's potential to surpass previous peaks, even as the broader cryptocurrency market experiences turbulence.

Shiba Inu Poised for Rally After Breaking Long-Term Downtrend, Analyst Says

Shiba Inu (SHIB) has retraced to $0.00001330 after a brief rally, mirroring broader crypto market weakness. Despite the pullback, proponents remain bullish, viewing the dip as a temporary setback before another upward move.

Market analyst CryptoNuclear argues SHIB's recent breakout from a descending resistance trendline—after months of suppression—signals a macro trend reversal. The July 15 breakout, fueled by broader market momentum, could accelerate bullish momentum and push SHIB toward new highs.