Shiba Inu has just seen one of its biggest exchange outflows in months, with more than 8 trillion SHIB leaving centralized platforms in a single day. According to new data shared by TheCryptoBasic, the sudden drop in exchange balances is catching a lot of attention, especially as SHIB’s price continues to hover near recent lows.
Whales Move SHIB Off Exchanges as Selling Pressure Eases
Large withdrawals like this usually hint that whales are making moves behind the scenes. Major token holders are typically preparing to hold rather than sell when they remove tokens from exchanges. In addition to lowering immediate sell pressure, moving SHIB into self-custody can help stabilize the SHIB price in weaker market conditions. Of course, not every withdrawal is a bullish signal. Some whales shift tokens to other platforms for OTC trades, liquidity opportunities, or DeFi activity. So while the outflows look impressive, the motivation behind them can vary.
Arkham Spots Another Huge SHIB Transfer From Coinbase
This wasn’t the only big SHIB move this week. Arkham reported that another whale wallet, “0x32285,” withdrew 2.2 trillion SHIB from Coinbase on December 9. The holder spread the withdrawal across six separate transactions, and the tokens still sit in the wallet. Moves like this, happening repeatedly, indicate that some large players are positioning themselves quietly and deliberately.
#ShibaInu Shrinks on Exchanges With 8 Trillion $SHIB Withdrawn in 24 Hours.🧵🧵🧵 pic.twitter.com/Ke2HvaCQvk
— TheCryptoBasic (@thecryptobasic) December 11, 2025
The pattern has been showing up more often in recent weeks, with exchange balances slipping while whale wallets swell, a trend that always sparks curiosity about what might be coming next.
Not All Flows Are Outflows – Inflows Jump as Well
Interestingly, SHIB isn’t seeing only withdrawals. Santiment highlighted that more than 1.06 trillion SHIB also flowed back into exchanges around the same time. That usually signals potential sell pressure. Although not all of the major players are moving in the same direction, the number of whale transactions exceeding $100,000 increased to 406, the highest since June.
Even as the SHIB price struggles to remain above significant support, the combination of inflows and outflows indicates some uncertainty among major holders.
SHIB Holds $0.0000080 Support While Analysts Watch Key Levels
The SHIB price is currently trading at roughly $0.00000833, down 3% from the day before. Despite weeks of price difficulties, the $0.0000080 level remains at a support zone.
Analysts say that if the SHIB price loses this level, the next stop could be the weekly support near $0.0000060. If the market turns around, though, reclaiming $0.000010 and cancelling a zero is the first major target.
With whales sending mixed signals and exchange flows moving in both directions, SHIB is now at a critical point. The next big whale move might decide whether the token stabilizes or faces another drop.