A previously inactive cryptocurrency whale has returned to accumulate Shiba Inu tokens after six months of silence. The wallet transferred 15.18 billion SHIB, worth approximately $119,330, from Binance, according to blockchain analytics platform Arkham.
The transaction landed in wallet address “0xDB345…fba0” during a period of significant market volatility. SHIB declined 6.78% in the same trading session, pushing the meme coin toward critical support levels.
At the time of writing SHIB trades at around $0.00000808, down 3.99% over the last 24 hours.
The whale’s timing raises questions about strategic positioning. Rather than exiting during weakness, the address is averaging down on its existing position.
Pattern Emerges from Mid-2025 Activity
The wallet first accumulated SHIB in mid-2025 through multiple transactions. Over several weeks, the address acquired 46.6 billion tokens before going dormant.
That initial position now sits 6.7% below its entry price. The recent purchase increases total holdings to 61.84 billion SHIB, valued at $484,840 at current market rates.
This represents the largest single asset allocation in a portfolio worth $1.67 million. The wallet holds exclusively centralized exchange tokens, with no decentralized exchange activity recorded.
The accumulation strategy mirrors the previous buying pattern. Large purchases followed by extended periods of inactivity suggest deliberate planning rather than reactive trading.
Binance hot wallets also transferred smaller amounts of ETH, DOGE, and WLD during a three-hour window. However, the SHIB transaction accounted for both volume and dollar value.
Broader Portfolio Shows Mixed Performance
Beyond SHIB, the wallet maintains diversified cryptocurrency holdings. The address holds 495.1 BNB worth $459,840 and 138.95 ETH valued at $447,040.
Additional positions include 660,000 FET tokens estimated at $159,870. Smaller allocations to PEPE, APE, and WLD round out the portfolio.
Market conditions have pressured most holdings. FET and APE declined over 11% during the recent selloff. BNB and ETH also traded lower alongside broader market weakness.
The whale’s exclusive use of Binance distinguishes this wallet from typical large holders. The most significant addresses span multiple platforms and use decentralized protocols.
This concentrated approach through a single exchange suggests either institutional connections or a specific operational strategy. The lack of DEX interaction eliminates common trading patterns associated with retail whales.
Source: https://coinpaper.com/13875/shiba-inu-whale-buys-119-k-in-shib-as-price-tests-critical-support-level
