A fresh wave of on-chain activity shows billions of Shiba Inu (SHIB) tokens shifting hands through a major market 0 large-scale transfer points to behind-the-scenes moves that could redefine how SHIB is positioned in the market, underscoring the meme coin’s continued presence among high-volume 1 Moves Billions Of SHIB To Exchange Shiba Inu (SHIB) is making headlines once again after major institutional activity was recorded 2 to Arkham Intelligence, Wintermute, a leading global market maker , transferred 11.375 billion SHIB, worth approximately $139,460, to Coinbase on August 3 move was made from the market maker’s wallet, which currently holds $608.2 million in crypto 4 its recent transfer, its Shiba Inu position now stands at 37.89 billion tokens, valued at $465,740.
What makes this large-scale token transfer significant is Shiba Inu’s price reaction afterwards—or lack 5 Wintermute’s 11.3 billion SHIB move, the meme coin remained relatively stable, showing a new level of steadiness for an asset known for its sharp price swings and 6 strength indicates that the market is now capable of handling high-volume movements without triggering panic or abrupt sell-offs among retail investors. Notably, this is not the first time Wintermute has initiated such a large volume 7 show that on June 7, 2025, the market maker transferred 2.87 trillion SHIB, valued at $36.6 million, from BitGo to Coinbase 8 the time, the transaction raised concerns of a possible dump, but it was clarified as a liquidity management operation aimed at redistributing tokens across multiple trading 9 maintaining steady liquidity across exchanges, Wintermute helps limit price slippage and enhance market 10 this may discourage short-term speculators, it increases Shiba Inu’s appeal to institutional 11 recent large-scale transfers also suggest that SHIB’s market may be shifting toward greater stability, with liquidity management taking priority over hype-driven 12 the meme coin has declined by more than 3% over the last week, according to CoinMarketCap, its ecosystem is evolving into a seemingly institutional-grade structure, laying the groundwork for longer-term 13 Inu Set For 17X Price Surge Market expert CryptoElites recently highlighted a bullish technical setup that could drive the Shiba Inu price toward a massive 14 to his chart analysis released on X social media, SHIB has been consolidating for months, forming a symmetrical triangle pattern within tightening price 15 chart indicates that if Shiba Inu can sustain support levels and break past the upper resistance line of the triangle, it could target a price of $0.00023, representing a potential 17x increase from current levels of around $0.000012.
Notably, this ambitious forecast comes as the meme coin continues to show weak performance in recent months despite rising whale activity and an uptick in its burn rate .
Story Tags

Latest news and analysis from Bitcoinist