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361B Shiba Inu tokens moved to a whale wallet, but price remains weak near key support.

Market News
11 Sep 2026
Coinpaper
View Source
Bearish
361B Shiba Inu tokens moved to a whale wallet, but price remains weak near key support.

On September 10, about 361 billion Shiba Inu (SHIB) tokens were transferred from South Korea's Coinone exchange to a single large wallet holding $23.53 million in crypto assets. Despite this massive movement suggesting possible accumulation or custody changes, SHIB's price dropped about 2% to $0.00000503, staying near a critical support level. Additionally, net outflows from exchanges indicate reduced sell-side supply, but buyers have yet to push prices higher, signaling weak market demand despite lower exchange reserves.

More News (SHIB)

Cryptocurrency prices show mixed movements with notable gains in ETH, NEAR, and others.

Cryptocurrency prices show mixed movements with notable gains in ETH, NEAR, and others.

Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...

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Bitcoin shows rare 17-year on-chain anomaly suggesting a single whale slowly bought the recent bottom.

Bitcoin shows rare 17-year on-chain anomaly suggesting a single whale slowly bought the recent bottom.

Bitcoin's recent price bottom may have been accumulated gradually by a single whale or a small group of large buyers, according to analyst Willy Woo. This is based on an unprecedented anomaly in Bitcoin's HODL Wave data, which tracks how long coins r...

Technical Signals
Neutral
21 hours ago
South Korean whale wallet hoards 361 billion Shiba Inu tokens amid key price support test

South Korean whale wallet hoards 361 billion Shiba Inu tokens amid key price support test

A major South Korean cryptocurrency whale has accumulated 361 billion Shiba Inu (SHIB) tokens, transferring them from the Coinone exchange to a single wallet worth $23.53 million. This accumulation coincides with SHIB's price testing critical moving ...

Market News
Neutral
1 day ago
Cryptocurrency prices mostly fall, with Bitcoin down 2% and Ethereum down 1.66%.

Cryptocurrency prices mostly fall, with Bitcoin down 2% and Ethereum down 1.66%.

Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...

Market News
Bearish
1 day ago
Shibarium transactions jump 122% amid explorer reindexing, signaling rising activity despite technical issues.

Shibarium transactions jump 122% amid explorer reindexing, signaling rising activity despite technical issues.

Shibarium, Shiba Inu's layer-2 blockchain, saw a 122% increase in daily transactions from 786 on September 6 to 1,750 on September 8, 2026. This surge follows a sharp drop the previous week and indicates growing network activity. However, the rise co...

Protocol Fundamentals
Bullish
2 days ago
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