The post SHIB Whale Activity Spikes Despite Price Volatility appeared on BitcoinEthereumNews.com.

Whale transfers 3T SHIB from Coinbase to a private wallet during the price consolidation phase. Wallet 0xfd47 acquired 193.59B SHIB via 13 transactions, holding no other assets. RSI 47.85 and weak MACD crossover signal limited bullish momentum for SHIB. A large Shiba Inu (SHIB) holder has moved trillions of tokens from Coinbase to a private wallet, showing large accumulation during the meme coin’s ongoing consolidation phase. The transfer occurred as SHIB posted a 4% weekly decline, hovering near short-term support levels. On-chain monitoring service Whale Alert reported the movement of 3 trillion SHIB from Coinbase Prime to a self-custody wallet on Friday. The transaction, valued in the millions, drew attention for its size and timing, occurring while SHIB’s price remained under pressure. Additional whale activity was noted the same day. Blockchain data showed that wallet address “0xfd47” acquired 193.59 billion SHIB, worth approximately $2.51 million, from Coinbase through 13 separate transactions. The transfer brought in 14.063 billion SHIB ($179,520) from Coinbase’s hot wallet, followed by 12 transactions totaling 179.52 billion SHIB in batches of 14.96 billion ($190,610) each. This address held no other assets at the time of reporting. Shiba Inu Market Performance and Technical Indicators At the time of writing, Shiba Inu was trading at $0.00001286, down 0.96% over the past 24 hours, with a market capitalization of $7.57 billion. Additionally, the trading volume declined by 36.54% to $226.83 million, bringing the volume-to-market cap ratio to 2.99%. Related: Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens Intraday price movements showed volatility, with SHIB opening near $0.00001298 before falling to $0.00001254 in the afternoon. The token rebounded to just under $0.00001300 overnight but failed to maintain momentum by midday. According to the technical indicators, the Relative Strength Index (RSI) stands at 47.85,…

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Filed under: News - @ August 16, 2025 6:26 pm