Dormant Shiba Inu Whale Wallet With 400 Billion Tokens Reactivates After 10 Months
By
Christian Encila
An everything bagel for the brain. Substantive, layered, well-seasoned.
Summary
A long-dormant Shiba Inu (SHIB) whale wallet containing 400 billion tokens reactivated after nearly 10 months of silence, coinciding with a wave of liquidations that wiped out over $382,000 in SHIB futures positions—mostly from long traders. The wallet's sudden movement drew attention to the meme token already under market pressure, with the whale beginning to empty its holdings.
Key quotes
· 3 pulledLong traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side.
That wave of forced closures came as a long-dormant SHIB wallet suddenly came back to life after nearly 10 months of silence, drawing fresh attention to a token already under pressure.
Data from Arkham Intelligence shows the wallet began its return with...
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