Unknown Wallet Appears to Have Accumulated Nearly 188 Billion Shiba Inu (SHIB) in ~$2.3M Coinbase Prime Purchases

• Massive single-wallet accumulation: 187,860,314,693 SHIB bought within two waves

• Purchases were routed directly from Coinbase Prime’s hot wallet in multiple tranches over 7–18 hours.

• Arkham on-chain data shows this wallet absorbed over 163 billion SHIB in the latest spree, comparable to major exchange inflows.

Shiba Inu whale buys 187.86B SHIB from Coinbase Prime; track the on-chain shift and price implications. Read analysis and next steps.

What triggered the Shiba Inu whale accumulation?

The Shiba Inu whale accumulation began with two purchases a week ago and escalated 18 hours ago when the anonymous address absorbed roughly 187.86 billion SHIB from Coinbase Prime’s hot wallet. On-chain monitoring shows the inflow outpaced most exchange wallets and moved the address into a top inflow position within 24 hours.

How big were the individual purchases and what pattern did they follow?

Blocks of 15.53 billion SHIB (≈ $192,000) moved repeatedly into the address, alongside tranches of 8.58 billion and 8.96 billion SHIB. Earlier deposits included 14.96 billion and 8.96 billion SHIB. The pattern suggests systematic stacking in both large and mid-size blocks, likely executed to minimize slippage.

How did the market respond to the SHIB inflows?

SHIB price sits at $0.0000121, down 2.3% on the day, approaching a support zone near $0.0000110. Immediate resistance levels are at $0.0000169, $0.0000205 and $0.0000297. Despite the whale accumulation, price weakness indicates selling pressure elsewhere or profit-taking by other holders.

Source: TradingView

Why does one wallet matching exchange inflows matter?

One address accumulating volumes comparable to major exchanges highlights concentration risk and on-chain influence. Exchanges like Binance, Coinbase and Bitpanda recorded inflows in the 80–110 billion SHIB range, while this single wallet absorbed over 163 billion SHIB in the latest activity window, per Arkham data.

Frequently Asked Questions

Is this whale activity likely to affect SHIB’s short-term price?

Large inflows can create upward price pressure if tokens are moved off-exchange to cold storage and held. However, current price action shows weakness, so the short-term impact depends on whether the wallet is accumulating to hold or preparing for staged redistribution.

Can we identify the buyer from on-chain data?

On-chain addresses are pseudonymous. Public blockchain tools provide flow and balance data, but they do not reveal real-world identity without additional off-chain intelligence or a public disclosure by the holder.

Key Takeaways

• Largest single-address move: An anonymous wallet bought ~187.86B SHIB, almost $2.3M, in multiple tranches.
• Exchange-sourced buys: Purchases originated from Coinbase Prime’s hot wallet, per on-chain transaction records.
• Market impact: Despite the accumulation, SHIB traded lower; meaningful price moves depend on whether tokens are held or re-distributed.

Conclusion

This on-chain event highlights how concentrated buying by a single wallet can rival exchange-level flows and shape short-term market narratives. Continue monitoring on-chain metrics, exchange activity and price support/resistance levels for clearer signals. COINOTAG will update this report if new on-chain evidence or official disclosures emerge.