Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Dormant Shiba Inu whale moves $1.95M in tokens after 10 months amid SHIB price drop

Market News
05 Jun 2026
UToday
View Source
Bearish
pluang ai news

A major Shiba Inu (SHIB) whale ended a 10-month inactivity by transferring nearly 400 billion SHIB tokens worth about $1.95 million via a BitGo smart contract. This move coincided with a 15% drop in SHIB's price, breaking a key support level and signaling potential risk protocol activation. The tokens were not sent to exchanges directly but likely moved for cold storage or OTC sale, which could influence market dynamics. If SHIB prices fall further, more dormant holders might sell, but this could also attract whales looking to buy at lower prices.

More News (SHIB)

Shiba Inu futures flow dropped 1418%, signaling sharp trader exit amid bearish trend.

Shiba Inu futures flow dropped 1418%, signaling sharp trader exit amid bearish trend.

Shiba Inu's futures market saw a dramatic 1418% drop in futures flow over eight hours, reflecting a rapid shift as traders aggressively reduced leveraged positions. This figure does not indicate a direct loss but highlights a sharp change in trader s...

Market News
Bearish
8 hours ago
Kalshi launches Ethereum perpetual futures with zero fees, expanding US-regulated crypto derivatives.

Kalshi launches Ethereum perpetual futures with zero fees, expanding US-regulated crypto derivatives.

Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...

Market News
Neutral
11 hours ago
Shiba Inu sees 450 billion token outflow amid heavy selling and futures outflows hitting -144%.

Shiba Inu sees 450 billion token outflow amid heavy selling and futures outflows hitting -144%.

Shiba Inu (SHIB) is experiencing significant selling pressure, with about 457 billion tokens flowing out of exchanges compared to 347 billion tokens entering, resulting in a net outflow of roughly 110 billion SHIB. This large outflow suggests investo...

Market News
Bearish
1 day ago
DOGE advances with new merchant app and regulatory clarity; SHIB preps major encryption upgrade by 2026.

DOGE advances with new merchant app and regulatory clarity; SHIB preps major encryption upgrade by 2026.

Dogecoin (DOGE) trades near $0.089 with a $15.14B market cap, gaining traction through the Such app beta for merchant payments and official classification as a digital commodity by regulators, enhancing its legitimacy. Meanwhile, Shiba Inu (SHIB) is ...

Protocol Fundamentals
Bullish
1 day ago
Crypto selloff wipes out $1.6B in long positions amid XRP's 14th anniversary

Crypto selloff wipes out $1.6B in long positions amid XRP's 14th anniversary

A sharp crypto market selloff led to $1.8 billion in liquidations within 24 hours, with $1.6 billion coming from long positions. This marks the largest single-day crypto liquidation since early February, despite global stock markets hitting new highs...

Market News
Bearish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App