SHIB Whale Offloads $4.9M in 800 Billion Tokens

iconCryptoNews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Whale activity in the SHIB market saw a major offload as a top holder sold 800 billion tokens for $4.9 million. The wallet, which originally cost $13,760, has now made over $660 million in gains. SHIB is currently at $0.00000659, with whale movement expected to influence key support levels ahead.

A wallet that turned a $13,760 entry into one of crypto’s most extraordinary fortunes just offloaded 800 billion Shiba Inu tokens for $4.9 million, with the total gain now past $660 million, having bought the token at an early price level and hitting his prediction right.

Shiba Inu trades at roughly $0.00000659 right now, flat to slightly negative over the past 24 hours against a market backdrop of cautious consolidation. Now, is this another trim or the beginning of a full exit from the largest non-deployer SHIB position in existence?

The real risk isn’t the $4.9 million sale. It’s what comes next from a wallet still sitting on 99.27 trillion tokens.

Discover: The best pre-launch token sales

Shiba Inu Price Prediction: Can SHIB Hold $0.0000060 After the 800 Billion Token Dump?

SHIB is grinding sideways in a tight range, unable to generate conviction in either direction. The key support level is $0.0000060, a zone that has absorbed selling pressure multiple times since late March 2026. The key resistance is $0.0000072, which capped the most recent rally attempt and aligns with previous consolidation highs.

Shiba Inu SHIB price chart showing support levels and moving averages over time.

If $0.0000060 holds, the price structure stays intact, and the whale sale gets absorbed into normal crypto liquidity without structural damage. If $0.0000060 breaks, the next meaningful support doesn’t appear until $0.0000048, and that move could open quickly given the thin order book at current levels.

The concern isn’t today’s $4.9 million offload; crypto liquidity across CEXs and DEXs can handle that. The concern is acceleration. A sustained push of exchange reserves above 83-84 trillion SHIB would signal that distribution pressure is building beyond what passive absorption can offset.

Maxi Doge: The Dog To Watch This Cycle

When capital rotates back into meme coins, momentum almost always circles back to one high-beta pick. Shiba Inu is between a rock and a hard place, having whale exiting at the moment. For those watching Shib: Why buy now? Why not be the whale?

History makes the pattern clear: Dogecoin started the trend, Shiba Inu ran with it in 2021, followed by Floki, Bonk, Dogwifhat, and Neiro. Every bull cycle eventually crowns a new Doge-inspired frontrunner.

This time around, Maxi Doge ($MAXI) is tapping into those early Dogecoin vibes with a community built around sharing early alpha, trading ideas, and competitive engagement. Participation is at its core. Weekly Maxi Ripped and Maxi Pump competitions reward top performers with leaderboard recognition, incentives, and bragging rights.

The hype is already showing in the numbers. The $MAXI presale has raised more than $4.7 million, while early backers are earning up to 65% APY through staking rewards.

For those who missed the Doge wave before, Maxi Doge could be the next chance to catch a meme coin before it enters the mainstream.

Discover: The best crypto to diversify your portfolio with

The post Shiba Inu Price Prediction: SHIB Super-Whale Offloads $4.9M appeared first on Cryptonews.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.