A major Shiba Inu whale has shifted a large volume of tokens to a centralized exchange, drawing close market attention. The move reflects changing whale behavior amid broader crypto uncertainty. Large transfers to exchange wallets often reshape short-term sentiment. As a result, traders are watching SHIB closely for potential price reactions.
Whale Activity Signals Strategic Repositioning
Blockchain intelligence platform Arkham reported that a Shiba Inu whale transferred more than 210 billion SHIB to Robinhood’s hot wallet on January 20. The transfer reduced the wallet’s SHIB balance by about 97%, making it one of the largest SHIB exchange inflows in recent weeks.
Arkham data showed the activity followed a gradual pattern rather than a single sudden move. On January 16, the same wallet sent 11.579 billion SHIB to Robinhood. Days later, the whale followed with a much larger 210.36 billion SHIB transfer. On Wednesday, the wallet sent another 1.52 billion SHIB to the brokerage platform.
According to on-chain data, the single January 20 transaction drained more than 90% of the wallet’s Shiba Inu holdings. Despite the scale of the transfer, the wallet owner still holds billions of SHIB. Arkham estimated the remaining balance at roughly 5.85 billion SHIB, valued near $46,270 at press time.
Analysts tracking exchange flows noted that large transfers to platforms like Robinhood often suggest preparation for selling. However, available data has not confirmed whether liquidation has occurred. For now, traders continue to monitor order books and short-term price movement for confirmation.
Mixed Whale Behavior Emerges Across SHIB Market
While this whale continues to reduce exposure, on-chain data shows contrasting behavior from another large SHIB holder. Arkham reported that a previously dormant wallet became active after more than six months of inactivity.
Earlier this week, that wallet withdrew 15.18 billion SHIB from Binance. Following the withdrawal, its total SHIB balance increased to 61.84 billion tokens. At current prices, the holdings stand at approximately $491,000.
