The post Anonymous Shiba Inu Billionaire Awakens and Pulls 34,924,296,000 SHIB Off Major US Exchange Coinbase appeared on BitcoinEthereumNews.com. Shiba Inu (SHIBThe post Anonymous Shiba Inu Billionaire Awakens and Pulls 34,924,296,000 SHIB Off Major US Exchange Coinbase appeared on BitcoinEthereumNews.com. Shiba Inu (SHIB

Anonymous Shiba Inu Billionaire Awakens and Pulls 34,924,296,000 SHIB Off Major US Exchange Coinbase

Shiba Inu (SHIB) just got a reminder that “whales are back” can be a numbers-only story, because Coinbase routing lit up again and the total came in big: 34,924,296,000 SHIB moved out in a short burst after about a month of inactivity.

The transfer was not just one big headline, as visible on a chart by Arkham. It came in four pieces to the same place: The total value of the SHIB is about 19.174 billion, with 14.306 billion worth about $100,000, 1.43 billion worth around $9,980 and a smaller 14.296 million SHIB top-up worth about $99.79.

Source: Arkham

After everything was said and done, the wallet had about $246,558.67 in total value, with the Shiba Inu coin making up about $244,470 of that. The rest was split up into small ETH and USDC balances.

That packaging is the real deal. Big holders often divide withdrawals into smaller amounts for operational reasons, and Coinbase-labeled hot wallet activity points to custody flow more than a random retail spree.

Market side of Shiba Inu coin transfer

The same address also shows prior inbound activity about a month earlier, including 29.505 billion SHIB and 6.25 billion SHIB. Then it went silent until this new cluster, which makes the timing pop even if the motive remains unclear.

You Might Also Like

On the market side, SHIB/USDT was trading near $0.00000701 on the four-hour chart, with a nearby floor marked around $0.00000699. If that level holds and price reclaims $0.000009, this reads like coins leaving exchange liquidity into private control. If $0.00000699 fails, however, it will start to look like inventory being staged for follow-on moves for the meme coin.

Source: https://u.today/anonymous-shiba-inu-billionaire-awakens-and-pulls-34924296000-shib-off-major-us-exchange-coinbase

Market Opportunity
BitShiba Logo
BitShiba Price(SHIBA)
$0.0000000004389
$0.0000000004389$0.0000000004389
+1.50%
USD
BitShiba (SHIBA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Sui Ecosystem Gains Spotlight as Taipei Builders Demo Day Highlights New DeFi Ideas

Sui Ecosystem Gains Spotlight as Taipei Builders Demo Day Highlights New DeFi Ideas

Sui Taipei Builders’ Demo Day brings developers, investors, and enthusiasts together to present blockchain projects. The Sui ecosystem will host the Taipei Builders
Share
LiveBitcoinNews2026/01/03 00:00
Stability World AI Makes AI Accessible and Ownable for People

Stability World AI Makes AI Accessible and Ownable for People

Stability World AI blends AI agents with blockchain incentives to promoting trust, accessibility, shared ownership of AI through user-driven governance.
Share
Blockchainreporter2026/01/03 00:00