SHIB Whale Moves 464.3 Billion SHIB ($3.48M) to OKX; Still Holds 96.22 Trillion (16.3% Supply) After 2020 37.8 ETH Buy | Flash News Detail | Blockchain.News
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12/18/2025 12:28:00 PM

SHIB Whale Moves 464.3 Billion SHIB ($3.48M) to OKX; Still Holds 96.22 Trillion (16.3% Supply) After 2020 37.8 ETH Buy

SHIB Whale Moves 464.3 Billion SHIB ($3.48M) to OKX; Still Holds 96.22 Trillion (16.3% Supply) After 2020 37.8 ETH Buy

According to @EmberCN, 45 minutes ago a top Shiba Inu (SHIB) holder who bought 103 trillion SHIB in 2020 using 37.8 ETH (~$13.7K) transferred 464.3 billion SHIB to OKX, valued at about $3.48 million (source: @EmberCN). According to @EmberCN, the address still holds 96.22 trillion SHIB (~$718 million), equal to 16.3% of SHIB’s total supply (source: @EmberCN). According to @EmberCN, the initial 103 trillion SHIB position represented 17.4% of supply at the time (source: @EmberCN).

Source

Analysis

In the dynamic world of cryptocurrency trading, a legendary Shiba Inu (SHIB) whale has once again captured the attention of traders worldwide. According to on-chain analyst EmberCN, this major holder, often dubbed the "SHIB top holder," initially acquired a staggering 103 trillion SHIB tokens back in 2020 using just 37.8 ETH, valued at approximately $13,700 at the time. This purchase represented about 17.4% of the total SHIB supply, showcasing an early bet on the meme coin's potential. Fast forward to recent developments, and 45 minutes prior to the report on December 18, 2025, this whale transferred 464.3 billion SHIB tokens, worth around $3.48 million, to the OKX exchange. This move leaves the holder with a remaining balance of 96.22 trillion SHIB, valued at roughly $718 million, accounting for 16.3% of the total SHIB circulating supply. Such large-scale transfers often signal potential selling pressure or strategic repositioning, prompting traders to monitor SHIB price action closely for volatility spikes.

Analyzing SHIB Whale Movements and Market Implications

From a trading perspective, whale activities like this can significantly influence SHIB's market dynamics. The transfer to OKX, a prominent cryptocurrency exchange, might indicate preparations for liquidation or diversification, especially given SHIB's history of explosive rallies and sharp corrections. Traders should note that SHIB has been trading in a volatile range recently, with key support levels around $0.000007 and resistance near $0.000008, based on historical patterns observed in similar whale events. If this transfer leads to selling, it could exert downward pressure on SHIB/USD and SHIB/BTC pairs, potentially triggering stop-loss orders and increasing trading volume. On-chain metrics, such as transfer volumes and holder distribution, reveal that large holders control a substantial portion of SHIB, making their moves critical for sentiment analysis. For instance, previous whale dumps have correlated with 10-20% price dips within 24 hours, offering short-term trading opportunities for those positioning with derivatives like futures on platforms supporting SHIB.

Trading Strategies Amid Whale Activity

To capitalize on such events, savvy traders might employ strategies focusing on SHIB's liquidity and market depth. Monitoring real-time on-chain data from sources like Etherscan can provide early signals of further transfers. If SHIB experiences a dip post-transfer, buying at support levels could yield rebounds, especially if broader crypto market sentiment improves with Bitcoin (BTC) or Ethereum (ETH) gains. Conversely, for bearish plays, options trading or short positions could be viable if volume surges indicate distribution. Institutional flows into meme coins have been rising, with SHIB seeing increased interest from funds tracking alternative assets. This whale's remaining $718 million position underscores the token's concentrated ownership, which could amplify price swings. Traders should also watch cross-market correlations; for example, if Dogecoin (DOGE) or other meme coins rally, SHIB might follow suit, creating arbitrage opportunities across pairs like SHIB/USDT and SHIB/ETH.

Beyond immediate trading tactics, this event highlights broader implications for SHIB's ecosystem. The token's total supply dynamics, with this holder still commanding 16.3%, suggest potential for both upside and risk. Market indicators like the relative strength index (RSI) for SHIB often hover in oversold territories during such news, presenting entry points for long-term holders. Sentiment analysis from social media buzz around SHIB whales can further inform decisions, as hype has historically driven 50%+ pumps. For those exploring AI-driven trading tools, algorithms analyzing whale wallets could predict movements, integrating with stock market correlations where crypto influences tech stocks like those in blockchain firms. Overall, this transfer reinforces SHIB's appeal as a high-risk, high-reward asset, urging traders to stay vigilant with stop-losses and diversified portfolios to navigate the meme coin's unpredictable waves.

In summary, while the exact intent behind the whale's transfer remains speculative, it provides a prime case study in crypto trading psychology. With SHIB's market cap fluctuating based on such activities, combining on-chain insights with technical analysis is key. Traders eyeing opportunities should focus on volume spikes and price confirmations, potentially targeting entries below $0.0000075 for bounces or shorts above resistance. As the crypto market evolves, events like this underscore the importance of real-time monitoring and adaptive strategies to thrive in volatile environments.

余烬

@EmberCN

Analyst about On-chain Analysis