2026-01-17 03:22:07

A long-dormant Ethereum wallet suddenly became active, purchasing a massive amount of SHIB tokens in a recent transaction, with a total value of approximately $4 million. This operation involved 472.3 billion SHIB tokens, directly elevating this address to one of the largest Shiba Inu whales in the current market.

Interestingly, while the entire market is still discussing who will become the next SHIB, major players have already quietly absorbed chips. This whale-level action gives SHIB enormous imagination space. It is worth noting that various new meme coin projects derived from SHIB almost all attempt to establish some kind of connection with it. But the reality is clear—SHIB is SHIB, supported by a strong community, with increasing concentration of chips. Amid the meme coin wave, this veteran player is gradually establishing its position.

SHIB0.44%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

LiquidityWitch

· 3h ago

Whales are starting to quietly accumulate again, while retail investors are still watching the show. Eating 4 million dollars in one go, this move is quite steady. SHIB, this veteran, definitely has some skills. All those copycat meme coins desperately clinging to big names are useless.

View OriginalReply0

StableCoinKaren

· 3h ago

Investing 4 million USD, this whale is serious... Meanwhile, retail investors are still debating whether to buy or not, while the big players are already making moves.

View OriginalReply0

AltcoinHunter

· 3h ago

Whale accumulation is happening, is this wave of SHIB about to take off? I’m not quite sure... --- Eating up 4 million dollars in one go, this guy is really ruthless. Is the bottom truly being established? --- The key is whether it can break resistance and rise; the technical outlook still needs to be watched. --- I just want to know if this whale will turn around and dump, I’ve seen this kind of move too many times. --- SHIB still has consensus, unlike those scam meme coins, which are just pure rug pulls. --- Hmm... it’s another game of large holders’ chips, retail investors keep chasing high, I’ll wait a bit longer. --- The concentration of chips has increased again, what will the story be from here? --- Honestly, I still prefer its community foundation; that’s the real moat. --- Over 400 billion tokens, as soon as I saw that number, I knew there would definitely be a story behind it. --- Long-dormant addresses are now active, which is quite interesting, but I don’t dare to go all-in.

View OriginalReply0

LightningAllInHero

· 3h ago

$4 million accumulation? The whales are quietly bottoming out, while we're still watching the ups and downs. Big players make moves that are just different; retail investors simply can't keep up. SHIB and those derivative tokens are just laughable. Everyone wants to ride the hype, but no one has any popularity. Community is the key, and no new tokens can learn this lesson.

View OriginalReply0