A previously inactive cryptocurrency whale has re-emerged after six months of silence to accumulate Shiba Inu (SHIB) tokens. According to blockchain analytics platform Arkham, the wallet transferred 15.18 billion SHIB, worth approximately $119,330, from the Binance exchange. The transaction landed in wallet address "0xDB345...fba0" during a period of significant market volatility.
This purchase occurred as SHIB declined 6.78% in the same trading session, pushing the meme coin toward critical support levels. At the time of reporting, SHIB was trading around $0.00000808, down 3.99% over the previous 24 hours. The whale's timing, choosing to average down on its position rather than exit during weakness, raises questions about strategic positioning.
The wallet first accumulated SHIB in mid-2025 through multiple transactions, acquiring 46.6 billion tokens over several weeks before going dormant. That initial position is now 6.7% below its entry price. The recent purchase increases the wallet's total SHIB holdings to 61.84 billion tokens, valued at $484,840 at current market rates.
This SHIB allocation represents the largest single asset in a portfolio worth $1.67 million. The wallet holds exclusively centralized exchange tokens with no recorded decentralized exchange activity. Its broader portfolio includes 495.1 BNB worth $459,840, 138.95 ETH valued at $447,040, and 660,000 FET tokens estimated at $159,870. Smaller allocations to PEPE, APE, and WLD round out the holdings.
Market conditions have pressured most of these assets, with FET and APE declining over 11% during the recent selloff, while BNB and ETH also traded lower. The whale's exclusive use of Binance and lack of DEX interaction distinguishes it from typical large holders and suggests either institutional connections or a specific operational strategy.
