- A Shiba Inu whale transferred 3 trillion SHIB ($38M) from Coinbase to a private wallet, signaling long-term holding rather than selling.
- Despite whale confidence, SHIB has dipped 4% this week and remains one of 2025’s weaker performers.
- The move hints that major holders are eyeing much larger profits in the long run, possibly above $100M if SHIB rallies.
A mysterious Shiba Inu whale has once again shaken the community by transferring 3 trillion SHIB tokens, worth around $38 million, from Coinbase into a self-custody wallet. The move came while SHIB was trading near $0.00001299 and dipping almost 4% on the charts. Despite the bearish price action, the transfer wasn’t a sell-off—meaning the whale is holding rather than dumping tokens on the open market.
Confidence From Big Players
According to Whale Alert data, the tokens are now parked safely in an unknown wallet. For smaller investors, this signals that major holders are still confident in SHIB’s long-term prospects. Big players locking away tokens instead of liquidating often helps reassure retail traders that the asset still has committed backers. Even with SHIB stagnating for much of 2025, these whales appear to be playing the long game.
Price Impact and Market Sentiment
Interestingly, the whale transfer had little effect on SHIB’s short-term momentum. The token slipped another 4% on Monday, highlighting how muted the broader market response has been. So far in 2025, SHIB has been among the weaker performers in crypto, failing to spark the same excitement as in past bull runs. Investor patience is being tested, as rallies have been rare and fleeting.
Long-Term Outlook
The whale’s move suggests a strategy aimed at future gains, possibly targeting profits over $100 million if SHIB appreciates significantly. With over 589 trillion tokens still in circulation, SHIB’s climb will be slow and dependent on new adoption, market cycles, and fresh hype. For now, SHIB remains in a holding pattern, but whales banking on the long-term game show they believe a decade from now, the token could still surprise.
