SHIB, Coinbase, and Shiba Inu: Whale Moves and Market Dynamics

Analyzing recent Shiba Inu (SHIB) trends, focusing on whale activity on Coinbase and its potential impact on the market.

SHIB, Coinbase, and Shiba Inu: Whale Moves and Market Dynamics

Shiba Inu (SHIB) is seeing significant activity, particularly with large transactions involving Coinbase. Let's dive into the latest happenings and what they might mean for SHIB's future.

Whale Alert: Big SHIB Transfers from Coinbase

Recently, a substantial amount of SHIB, totaling 161,327,411,476 tokens (almost $1.97 million), was withdrawn from Coinbase and moved to a new Ethereum wallet. These outflows from exchanges like Coinbase often suggest users are opting for self-custody or planning to use their tokens in decentralized finance (DeFi) platforms, especially considering Shiba Inu's Shibarium. While price movement isn't guaranteed, large SHIB outflows from Coinbase tend to attract attention. This transfer makes this new wallet a player to watch in the Shiba Inu whale game.

Whales Accumulating SHIB

Data suggests whales are aggressively accumulating SHIB. Nansen data indicates an 85% increase in whale holdings over the last 30 days, reaching over 100.5 billion coins. Since September 13, these investors have bought over 62 billion SHIB coins, particularly after the Shibarium hack. Insiders have also been on a buying spree, increasing their holdings to 12.4 billion coins from a low of 10 billion in August. Increased buying activity from whales and smart money often signals an expectation of a price increase.

Potential SHIB ETF on the Horizon?

There's growing hope within the Shiba Inu community that a fund manager might apply for a spot SHIB ETF, potentially gaining SEC approval. Given that Coinbase futures for SHIB already exist, such an ETF could receive expedited approval based on recent SEC standards.

Shiba Inu Price Technical Analysis

SHIB has been trading around $0.0000122, up slightly from recent dips. The token has largely remained between $0.0000115 and $0.000018 for most of 2025. Technical analysis indicates that SHIB's price might rebound soon, as it has fallen to a crucial support level, part of a symmetrical triangle pattern. A rebound could potentially push the price to $0.00001490, a 25% increase from current levels.

Market Dynamics and Competition

While SHIB holds its place in meme coin discussions, trading volumes have decreased, and large holders still dominate the supply, which raises volatility risk. Some SHIB holders are diversifying into presales and utility-based coins, like BlockDAG. This shows a shift where investors are looking for projects that offer more than just community-driven value.

Final Thoughts

So, what's the takeaway? Keep an eye on those whale wallets and potential ETF developments. While the crypto seas can be choppy, SHIB is still making waves, and it's always fun to see what happens next. Who knows, maybe SHIB will surprise us all!