A notable event drew the attention of the cryptographic community: more than 3.36 Billions of Shiba Inu (Shiba) tokens were moved to an unmarked blockchain portfolio. The transaction, which took place on February 8, 2025, was estimated at around 51.15 million dollars, according to Whale Alert’s follow -up services. This large -scale movement of token has aroused speculation and raised questions about the intention behind the transfer.
Massive transfer details
The portfolio involved in the transfer, labeled Gnosissafeproxy, moved a total of 3,368,549 976 020 shib tokens, leaving the original portfolio with a zero balance. At the reception end, the unidentified portfolio now contains a huge srell of 3.36 Billions, making it the largest asset of the wallet. With Shib, the portfolio also has 13,381 ETH ($ 35.2 million). This suggests that the portfolio is not only focused on shib but is also actively involved in other important cryptographic assets.
Although the transaction is considerable, the objective is not clear. It could be a redistribution of funds from one portfolio to another for security reasons, or perhaps a private agreement between two parties. Be that as it may, it reflects a significant change in the assets of the shib tokens, pointing out a potential change in market dynamics. The lack of clear labeling makes it difficult to measure the real reason behind the transfer.
Large Shibse Movement
This major transfer is not the first time that a huge amount of Shiba Inut has recently been moved. On February 5, an anonymous user transferred 1,23 billion of sombing from Kraken exchange to an unidentified wallet, suggesting that tokens could be removed from the market for long -term detention. Such transfers are generally considered to be a sign of confidence in the assets, as holders seem to move their sreshment in portfolios for custody rather than to negotiate or sell.
Whale activity: an increasing trend
The important movements of the Shibets are part of a broader trend in the Shiba Inu ecosystem. Large holders, or “whales”, accumulate substantial quantities of shib this year. According to recent data, the whales have added a total of 6.33 billions of sampon tokens to their assets since the beginning of 2025. Made interesting, 840 billion SHIB accumulated just in February. This growing accumulation suggests that these whales could position themselves for a price rebound, providing that Shib could undergo an upward trend in the future.
Market conditions and current Shib
Despite the burst of activity of major holders, Shiba Inu was under pressure on the market. In the past seven days, SHIB has dropped by 20.88%, and it is currently negotiated at $ 0.0000,1512 per token, marking a drop of 0.86% in the last 24 hours. The volume of exchanges also fell by 10.75%, currently at 328.06 million dollars.
Currently, SHIB ranks like the 17th largest cryptocurrency in CoinMarketCap, with a market capitalization of around 8.92 billion dollars. Its recent performances suggest a difficult period for the assets, marked by increased volatility and a drop in prices.
What does this mean for Shib?
While the large-scale transfer of Shiba Inu tokens raises important questions, the underlying trend in whale activity indicates a longer-term strategy of certain holders. The accumulation of shib tokens by large investors could be an indication that these players anticipate a future rally or believe that current market conditions offer a purchasing opportunity.
Despite recent price reductions, the billions of Shibets billions could point out that investors are preparing for significant developments in the coming months. For the moment, Shib continues to negotiate a lower territory, but these whale movements suggest that the big holders could have a different perspective from that of the larger market. It will be interesting to see if the tendency of accumulation continues and if Shiba Inu can recover in the near future.
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