Shiba Inu whale transferred 14.5 billion tokens to OKX, after nearly two years of inactivity. The $SHIB tokens were originally purchased in March 2024 for approximately $506,830 when prices peaked near $0.000045. The tokens yielded only $84,640 at current levels, trading around $0.000006, resulting in a 83% realized loss of about $422,190.
Shiba Inu Whale Sells 14.5 billion $SHIB to OKX, Making 83% Loss
On March 15, 2026, a dormant Shiba Inu whale transferred approximately 14.5 billion $SHIB tokens from wallet “0xbOe8” to an intermediary address before depositing them into OKX’s hot wallet.
The move was tracked by Arkham Intelligence, marking the end of nearly two years of inactivity since the tokens were acquired in March 2024.
The whale entered around $0.000045 with roughly $507,000 and exited near $0.000006, recovering only $84,640 and realizing an estimated loss of about 83% of the entire investment.
This capitulation comes amid $SHIB’s ongoing 82% drawdown from its 2024 highs, driven by prolonged meme-coin bear pressure and broader market weakness.
What’s The Impact On Shiba Inu and Meme Coin Sentiment?
The exit of the Shiba Inu whale had a modest but noticeable short-term impact on $SHIB and broader meme coin sentiment.
According to CoinMarketCap, $SHIB trades around $0.0000061 at press time, with a market cap of $3.6B. This whale capitulation crystallized losses from the 2024 peak and highlighted exhaustion among long-term holders, contributing to near-term bearish pressure without causing a major crash.
Furthermore, this whale capitulation fuels bearish narratives, potentially encouraging more exits among mid-tier holders if sentiment worsens, though community burns, Shibarium developments, and occasional accumulation provide some counter-support.
In the wider meme coin ecosystem, sentiment leans cautiously optimistic as the total meme market cap sits at $33.04 billion, up by 0.30% in the last 24 hours.
Shiba Inu is showing neutral sentiment, with its Fear & Greed Index at 53, indicating a balanced market. There is no strong directional bias at the moment, suggesting traders may wait for clearer signals before taking positions.
Related: Shiba Inu Price Prediction: 30% Rally Meets Whale Selling as Sustainability Debate Intensifies
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