🚨 Whale Alert: 3 Trillion SHIB Just Dumped from Coinbase – What’s Next?

A seismic shift rocks the Shiba Inu ecosystem as a mystery trader moves a staggering 3 trillion SHIB off Coinbase. Was it a strategic exit or just another day in meme-coin volatility?

The Breakdown: Whale transactions always spark speculation—was this a profit-taking maneuver or a loss-cutting escape? Either way, it’s a reminder that in crypto, even 'fun' assets can trigger serious market ripples.

The Irony: While decentralized purists cheer off-exchange moves, this one likely just shifted to another custodial wallet. So much for 'be your own bank.'

Bottom Line: When 3 trillion tokens change hands, someone’s making a bet—or running for cover. In Shiba Inu’s case, it’s probably both. Stay sharp, degens.

Screenshot 2025 08 16 073255Shiba Inu Whale Moves 3T SHIB/Whale Alert Remarkably, this was the wallet’s first-ever transaction. The user created the new wallet “0x48a6” and withdrew the stash worth approximately $39 million from the centralized exchange. The transaction happened on Friday at exactly 18:38 (UTC), according to Etherscan. Notably, the whale accumulated the 3 trillion SHIB at an average price of $0.00001299, a fair entry price considering the targets analysts are predicting that the token will reach soon. Other Whales Accumulate Shiba Inu Meanwhile, another wallet also received large amounts of Shiba Inu from Coinbase yesterday. Wallet address “0xfd47” gulped 193,599,000,000 SHIB ($2.51 million) from the exchange across 13 transactions on Friday. It first received 14.063 billion SHIB ($179,520) from Coinbase’s Hot Wallet, then 179.520 billion SHIB, split over 12 transactions and sent in batches of 14.96 billion ($190,610). This was also the only asset that the address held at the time of writing.

Screenshot 2025 08 16 074024Whale Accumulate Shiba Inu/Arkham Bullish Outlook for Shiba Inu Despite Bearish Trend The accumulation comes as the price of Shiba Inu continues to hover around $0.0000129. The meme coin has failed to sustain a bullish trend, falling 19% from its recent high of $0.00001597 in July. Nonetheless, bulls are betting on higher prices for Shiba Inu. For context, analyst crypto Mullah has predicted that Shiba Inu would target a rally to a multi-month high of $0.00003343, citing an imminent breakout from a falling wedge. Another outlook, specifically from Jake Gagain, predicts a $45 billion market cap target for Shiba Inu this year, culminating in a price of $0.00007636. Moreover, Shiba Inu burn rates have spiked lately, further fueling the bullish sentiment. An unknown user incinerated 85.7 million SHIB earlier in the week, with the burn rate surging by 83,891%.