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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
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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.

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The meme-token market reached a capitalization of $29.71 billion on October 23, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) making up 58.4% of that total. Dogecoin led the group with a $12.46 billion market cap and $545.85 million in 24-h...

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Shiba Inu (SHIB) drops 3.36%, facing resistance at $0.00000511 and support near $0.00000480

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Shiba Inu (SHIB) fell 3.36% in the past 24 hours, trading below key resistance at $0.00000511 and near support levels around $0.00000480. Technical analyses indicate a bearish bias unless SHIB breaks above $0.00000511 with increased volume. If it fai...

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Shiba Inu exchange reserves rise slightly to 87.16 trillion SHIB near key $0.000005 support level

Shiba Inu exchange reserves rise slightly to 87.16 trillion SHIB near key $0.000005 support level

Shiba Inu (SHIB) exchange reserves increased by about 0.08% to approximately 87.16 trillion SHIB as of the October 21 snapshot, representing around 14.79% of the circulating supply. The token price hovered near a technical support level of $0.000005 ...

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Shiba Inu tokens on exchanges hit 87.16 trillion, signaling readiness to sell but no immediate price impact.

Shiba Inu tokens on exchanges hit 87.16 trillion, signaling readiness to sell but no immediate price impact.

As of October 21, 87.16 trillion Shiba Inu (SHIB) tokens were held on exchanges, representing about 14.79% of the circulating supply. This balance indicates a readiness to sell rather than actual sales, with daily inflows and outflows showing minor n...

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