Usman Salis
A major Shiba Inu whale just broke seven months of silence, dumping 39,999,203,056 SHIB tokens worth $491,590 on Binance. SHIB price is struggling around $0.0001240 after another failed breakout.
SHIB Whale Returns After Seven Months
A big Shiba Inu (SHIB) whale is back after staying quiet for almost seven months. According to Arkham Intelligence, a wallet ending in F75a moved 39.99 billion SHIB tokens to Binance in one transaction worth about $491,590.
This whale originally got 60 billion SHIB from Binance hot wallets eight months ago when prices were much higher. They then sold in chunks - first 20 billion, then another 20 billion. Now they've dumped almost 40 billion in one go, leaving the wallet with barely one ETH worth about $3,573.
SHIB Price Faces More Pressure
With SHIB down over 65% from its February highs, this whale's timing makes sense. The meme coin is stuck around $0.0001240 after failing to break out in July. There's not much support underneath, and unless buyers show up soon, SHIB could keep sliding.
The whale's decision to dump such a precise amount suggests this wasn't random - it was planned. This raises questions about other big holders and whether more whale exits are coming.
Usman Salis
