Massive Shiba Inu Whale Emerges: Coinbase’s Hot Wallet Becomes Biggest Bull

A new, unidentified whale has ignited the Shiba Inu (SHIB) market with a record-breaking buying spree. This anonymous entity purchased a staggering 187,860,314,693 SHIB worth approximately $2.3 million directly from Coinbase Prime’s hot wallet over the past few days. This move propelled the whale into second place in the 24-hour inflow rankings according to Arkham data. 15.53 billion SHIB transactions, totaling $192,000 were added to this wallet, followed by smaller amounts of 8.58 and 8.96 billion SHIB. When combined with deposits from last week, the address now holds nearly 188 billion SHIB, all of which are SHIB.