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Shiba Inu activity jumps 15% as whales withdraw billions of SHIB from exchanges amid price dip

Technical Signals
18 Aug 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) saw a 14.86% spike in on-chain transfer volume as 740 whale wallets pulled billions of SHIB tokens off exchanges during a local price drop to $0.00000442. These large holders, controlling over 94% of SHIB's supply, moved tokens to cold wallets, reducing market supply rather than selling. This whale activity contrasts with minimal retail investor movement and may signal preparation for a price breakout after a prolonged sideways trend. The withdrawal mainly involved major exchanges like Robinhood, Binance, and Crypto.com.

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