A cryptocurrency whale, previously inactive for six months, has resumed accumulating Shiba Inu tokens. The wallet acquired 15.18 billion SHIB, a transaction valued at approximately $119,330, transferred from Binance, according to data from blockchain analytics platform Arkham.
This significant transaction occurred amidst a period of considerable market volatility. In the same trading session, SHIB experienced a decline of 6.78%, bringing the meme coin closer to critical support levels.
As of the current writing, SHIB is trading at around $0.00000808, reflecting a 3.99% decrease over the past 24 hours.
The timing of the whale's activity prompts questions regarding strategic positioning. Instead of divesting during a downturn, the wallet has opted to average down its existing holdings.
Accumulation Pattern Emerges from Mid-2025 Activity
The wallet initially began accumulating SHIB in mid-2025 through a series of transactions. Over several weeks, the address amassed a total of 46.6 billion tokens before entering a period of dormancy.
This initial investment is currently valued at a price point 6.7% below its entry cost. The recent purchase has increased the total holdings to 61.84 billion SHIB, which is currently valued at $484,840 at prevailing market rates.
Shiba Inu now represents the largest single asset allocation within a portfolio valued at $1.67 million. Notably, the wallet exclusively holds tokens from centralized exchanges, with no recorded activity on decentralized exchanges.
The accumulation strategy employed by this whale closely mirrors its previous buying pattern. The occurrence of substantial purchases followed by prolonged periods of inactivity suggests a deliberate and planned approach, rather than reactive trading.
During a three-hour window, Binance hot wallets also facilitated the transfer of smaller quantities of ETH, DOGE, and WLD. However, the SHIB transaction was the most substantial in terms of both volume and monetary value.
Broader Portfolio Shows Mixed Performance
In addition to its Shiba Inu holdings, the wallet maintains a diversified range of cryptocurrency assets. The address holds 495.1 BNB, currently valued at $459,840, and 138.95 ETH, with an estimated value of $447,040.
Further positions include 660,000 FET tokens, estimated to be worth $159,870. Smaller allocations to PEPE, APE, and WLD complete the portfolio's composition.
Current market conditions have exerted downward pressure on most of these holdings. Both FET and APE have seen declines exceeding 11% during the recent market selloff. BNB and ETH have also traded lower, reflecting the broader market weakness.
The whale's exclusive reliance on Binance for its transactions distinguishes this wallet from those of typical large holders. The most significant addresses in the crypto space generally utilize multiple platforms and engage with decentralized protocols.
This concentrated approach, operating through a single exchange, may indicate institutional connections or a highly specific operational strategy. The absence of any interaction with decentralized exchanges eliminates common trading patterns often observed among retail whales.