SHIB Whales Withdraw 80T Tokens, Causing Sharp Drop in Liquidity

TLDR

• SHIB whales have withdrawn 80 trillion tokens from exchanges since December 5.
• These large withdrawals caused SHIB exchange balances to fall from 370.3 trillion to 290.3 trillion tokens.
• Fresh wallets removed around 82 trillion SHIB over the past 60 days at an average price of $0.0000085.
• The reduction in exchange supply has weakened short-term liquidity and lowered immediate sell-side pressure.
• SHIB price held steady near $0.0000086 due to lowered selling pressure from whale accumulation.
• Analysts believe this accumulation signals confidence but also increases the risk of sharp price swings.

SHIB whales removed over 80 trillion tokens from exchanges since December 5, sharply lowering available liquidity and reshaping market behavior, while analysts linked this to reduced short-term sell pressure and increased risks of price volatility due to tightening supply conditions and changing wallet-level activity across top platforms.

Whale Withdrawals Reshape SHIB Exchange Landscape

Large holders have withdrawn nearly 80 trillion SHIB tokens from exchanges, according to TKResearch Trading. During this period, SHIB exchange balances declined from 370.3 trillion to 290.3 trillion tokens.

This development tightened overall exchange liquidity and weakened available sell-side volume. Analysts observed that this shift lowered selling pressure temporarily.

Fresh wallets contributed to the withdrawal wave in recent weeks. Nearly 82 trillion SHIB have moved to new addresses since early November.

Fresh Wallet Activity and Liquidity Effects

Exchange data showed major SHIB outflows from platforms like Coinbase at around $0.0000085. This movement represented around 28% of SHIB supply previously held on exchanges.

Wallet-level metrics suggest these are long-term positioning moves. Most new addresses are yet to re-deposit or trade the tokens.

This drop in available SHIB on exchanges strained short-term liquidity. TKResearch stated, “One week’s liquidity evaporated in just days.”

Analysts highlighted this as a potential risk factor for future price volatility. Lower liquidity can exaggerate market reactions to trades.

Price Holds as Volatility Risks Rise

As of January 12, 2026, SHIB trades at approximately $0.0000086. The price stayed within a narrow range over the past 24 hours.

Analysts attributed this stability to the whale accumulation pattern. Without withdrawals, SHIB could have faced larger price corrections.

Short-term traders face difficulty initiating large sell orders. Thin books limit the impact of traditional shorting or exit strategies.

The withdrawals left fewer tokens available for borrowing or leverage. This changed how quickly traders can respond to market shifts.

Accumulation Signals Confidence But Raises Questions

Whales removing assets from exchanges usually indicates confidence, not immediate distribution. Some tokens may be moved for staking or DeFi.

This trend aligns with earlier meme coin accumulation cycles. However, the sustainability of price levels depends on actual demand.

Strategic competition between large holders and the broader market continues. Retail access to liquidity has now decreased.

Abrupt sentiment changes could drive sharp price swings. This increases short-term risk for both buying and selling activity.

Short-Term Supply Crunch Changes Market Dynamics

The recent moves complicated short-selling attempts. A reduced borrowable supply weakens bearish speculative strategies.

Price stability may persist in the near term. However, any reversal in flows could trigger volatility again.

Analysts warned that without organic demand, accumulation alone cannot ensure upward momentum. New buyers are required to balance supply changes.

SHIB remains sensitive to sudden inflows or outflows. Large trades could shift prices quickly in the current liquidity environment.

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