🐳 Trillions of SHIB Exit Coinbase Amid Whale Frenzy: What It Means for Meme Coin Markets

🚨 Massive Whale Withdrawals

On August 15, 2025, a whale shifted 3 trillion SHIB (~$39M) from Coinbase Prime to a fresh self-custody wallet (0x48a6). With an entry price near $0.00001299, this looks less like a routine move and more like a long-term accumulation play.

Meanwhile, wallet 0xfd47 scooped up 193.6B SHIB (~$2.5M) through 13 transfers — all from Coinbase’s hot wallet. Notably, this wallet holds no other assets, showing focused conviction in SHIB.

🔄 Contrasting Activity: Profit-Taking in Play?

Just days earlier, wallet 0x7424 sent 202.48B SHIB (~$2.6M) back to Coinbase Prime after holding for over two months. Analysts suggest this could signal profit-taking or repositioning — a reminder that whale moves aren’t always bullish.

📊 The Bigger Picture: Whale Flows Explode

• Whale transaction volumes surged from 1.28T → 3.69T SHIB in just 48 hours (a +188% spike).

• Over 4.66T SHIB (~$64M) has left centralized exchanges in recent weeks.

• In late July, 5T SHIB (~$70M) moved from Coinbase Institutional to an unidentified wallet — reinforcing the accumulation narrative.

🧭 What It Means

✔️ Bullish Signal: Whales moving trillions off-exchange often reflects long-term conviction. Self-custody = “diamond hands.”

⚠️ Caution: The 202B SHIB inflow to Coinbase shows some whales are still cashing in.

👉 Net takeaway: cautious optimism. With trillions of SHIB leaving exchanges, supply pressure is easing — but short-term volatility from whale profit-taking remains a risk.

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💭 What do you think? Is SHIB gearing up for a meme coin revival — or will whales flip the market again?

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