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Yes

Could SHIB’s price tumble? A dormant whale transfers 349 billion tokens to Bitget in just a few hours.

crypthub
Could SHIB’s price tumble? A dormant whale transfers 349 billion tokens to Bitget in just a few hours.

SHIB Whale Transfer

The dormant wallet 0xa145Bd8C9E moved over 349 billion SHIB to Bitget in a few hours. The biggest single outflow was 203.53 billion tokens, worth about $1.2 million, followed by 71.27 billion ($421 k) and two ~37 billion transfers. Together the moves removed nearly 30 % of the address’s on‑chain SHIB balance.

Remaining Holdings & Portfolio

Despite the outflow the wallet still holds 371.04 billion SHIB (~$2.19 million). SHIB is the second‑largest asset in an $8.44 million portfolio, behind 1.31 trillion PEPE (~$5.13 million). The mix shows the holder is a meme‑token whale rather than a SHIB‑only investor.

Implications and Origin

The tokens were originally gathered via multiple Binance deposits and later sat idle. Moving them to an active exchange suggests preparation for trading, collateral or partial liquidation. Such dormant‑to‑exchange inflows have historically preceded market impact, especially on the receiving platform.