Shiba Inu Whale Dumps $1.63M, Leaves Investors Guessing-Is This a Sale or a Street Performance?

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Shiba Inu Whale Dumps $1.63M, Leaves Investors Guessing-Is This a Sale or a Street Performance?

So, today, January 21st-because why not-a whale, and I mean a real whale, not some guy at the beach, just decided to blow up the whole meme coin scene. This whale, which might as well be the Godzilla of Shiba Inu, decided to unload a whopping 210.36 billion SHIB tokens-worth about $1.63 million-right into Robinhood’s wallet. Yeah, Robinhood, that’s the brokerage everyone’s heard of but never quite understands.

And get this, this transaction was so massive that it drained 97% of this whale’s entire stash of SHIB. The question on everyone’s mind? Is this a daring entry, or is it an exit? Because honestly, with this kind of move, you’d think they’re either jumping in or fleeing like their pants are on fire.

But wait, it gets better. The whale still holds 5.93 billion SHIB-less than before, but hey, it’s something. Within the hour, another transfer: 352,961 WLFI, valued at around $57k, also snuck into Robinhood’s wallet. So, in just an hour-boom-over $1.68 million exited this guy’s wallet. Nice, huh? Maybe he’s planning for a yacht, or just really hates the coin.

Third Angle for Shiba Inu Coin

And of course, the price action was just as dramatic. The SHIB price took a nosedive below $0.0000075 right before the transaction, thanks to a brutal sell-off. But surprise, it tried to bounce back after about a day and a half-probably trying to save face, or just trying to find its lost dignity.

If you believe in these crystal ball moments, this dump might be a front-run or a post-drop sell, depending on how cynical you wanna get. Now SHIB’s holding on at $0.00000787, like a drunk guy hanging onto a barstool after losing his wallet.

Before the big dump, this whale’s stash would’ve been worth over $2.2 million-so, at least a $600k loss. Ouch. Unless he was just moving from cold to hot storage-implausible, since WLFI was involved-this guy is out of SHIB for good. Or he’s just playing hard to get.

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2026-01-21 19:53