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Shiba Inu whale moves 800B tokens, sparking market focus on liquidity and future price moves

Market News
30 Apr 2026
Coinpaper
View Source
Neutral
pluang ai news

A wallet holding over 16% of Shiba Inu's total supply moved 800 billion SHIB tokens to an exchange, marking its first activity in years. This large holder, who bought 103 trillion SHIB in 2020 for $13,700, still controls 16.2% of the supply, raising concerns about liquidity and market influence. Analysts see the move as profit-taking rather than panic selling and suggest monitoring this wallet could provide insights into Shiba Inu's future price direction. Despite this, SHIB's price remains relatively stable, down 84% from its peak but up 20% in the last two months.

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