Shiba Inu Whale Withdraws 53.59 Billion SHIB From Coinbase After Year-Long Dormancy

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A long-term Shiba Inu (SHIB) whale moved 53.59 billion SHIB from Coinbase on December 15, 2025, after a year of inactivity. The wallet, 0x1b1…bb27D, had previously sent 52 billion SHIB back to the exchange in 2024. The withdrawal was valued at around $418,550. SHIB now makes up the bulk of the wallet’s holdings, with ETH and BASED valued under $100. Crypto activity from large holders has picked up in the SHIB space, with both withdrawals and deposits reported recently.
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