Whales Just Moved 669 Billion SHIB Off Exchanges
April 27, 2025 at 9:21 AMby The Block Whisperer
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Whales withdraw 669 billion SHIB from exchanges in bullish accumulation pattern despite quiet retail activity.
Someone just moved a mind-boggling 669 billion Shiba Inu tokens out of major wallets in a single day.
That's enough SHIB to make even the most cautious holder double-check their portfolio.
But this isn't the dump everyone feared – it might be the most bullish signal SHIB has seen in months.
These tokens flowed directly out of exchange-linked addresses.
In crypto, that's like watching cash leave the casino and head to the bank vault.
When whales pull tokens off exchanges, they're not preparing to sell, but instead settling in for the long hodl.
This is the opposite of a panic sell, despite what your first gut reaction might have been.
The 24-hour flow shows 555 billion SHIB entering these wallets, but a whopping 669 billion leaving.
That's a net outflow of nearly 114 billion SHIB tokens that are now sitting in cold wallets instead of on exchange order books.
We haven't seen this level of coordinated whale movement in SHIB for weeks.
Earlier this month, over 2 trillion SHIB tokens were removed from Coinbase, Binance, and Uniswap in a similar manner.
SHIB is still hovering around $0.000014, which is unusual considering the significant accumulation.
The Bollinger Bands are tighter than a freshman budget, signaling that a significant move is brewing beneath the surface.
The token recently broke out of a descending wedge pattern, which is typically about as bullish as it gets in technical analysis.
Meanwhile, the RSI is climbing out of oversold territory faster than a memecoin after an Elon tweet.
Last November, a similar spike in whale accumulation preceded a 100% rally that had SHIB holders counting extra zeros in their portfolios.
But as always, there’s a catch – whale activity alone isn't enough to sustain a rally if retail traders are still sitting on their hands.
Address activity from smaller holders has declined recently, suggesting that the average investor is less convinced than the whales.
This divergence creates the perfect setup for a potential explosion if retail FOMO finally kicks in.
The whales aren't dumping – they're accumulating in the shadows while price action stays boring enough to keep retail away.
Technical indicators are lining up for a move toward $0.000015-$0.000018 if support holds and volume returns.
This isn't financial advice, but when nearly 669 billion SHIB moves off exchanges in a single day, someone clearly knows something.
The question isn't whether SHIB will move – it's whether you'll be positioned correctly when it does.
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