Whale Withdraws Trillions of SHIB from Coinbase Amid Sideways Price Action

• Whale transfers 3T SHIB from Coinbase to a private wallet during the price consolidation phase.
• Wallet 0xfd47 acquired 193.59B SHIB via 13 transactions, holding no other assets.
• RSI 47.85 and weak MACD crossover signal limited bullish momentum for SHIB.

A large Shiba Inu (SHIB) holder has moved trillions of tokens from Coinbase to a private wallet, showing large accumulation during the meme coin’s ongoing consolidation phase. The transfer occurred as SHIB posted a 4% weekly decline, hovering near short-term support levels.

On-chain monitoring service Whale Alert reported the movement of 3 trillion SHIB from Coinbase Prime to a self-custody wallet on Friday. The transaction, valued in the millions, drew attention for its size and timing, occurring while SHIB’s price remained under pressure.

3,000,000,000,000 #SHIB (38,244,000 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/fAwY87kdIY

— Whale Alert (@whale_alert) August 15, 2025

Additional whale activity was noted the same day. Blockchain data showed that wallet address “0xfd47” acquired 193.59 billion SHIB, worth approximately $2.51 million, from Coinbase through 13…

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