A mysterious wallet linked to a whale has been consistently withdrawing SHIB from Coinbase into a fresh, clean address. By the end of the accumulation streak, the wallet held 169.13 billion SHIB, worth about 1.49 million dollars at current prices.
Arkham data shows the wallet received six transactions from the same Coinbase hot wallet, all within a 24-hour window. The sizes vary from 11 billion SHIB to 81 billion SHIB, which makes it clear this was intentional accumulation, not random buying.
The wallet has not sent anything out, and whales of this size usually try to hide their moves, so this one is surprisingly obvious.
This is a repetitive pattern, looking at the exchange netflow chart from CryptoQuant, SHIB flows to exchanges have mostly been negative, which signals accumulation. Even so, the price has continued to trend lower over the last three months since the memecoin market has not been in great shape.
Shiba Inu Price Prediction: Massive Memes Bull Market About to Start?
Memecoins plunged to their lowest valuation of 2025, dropping to a combined market cap of 39.4 billion dollars, according to CoinMarketCap data.
However, the sector is starting to show signs of life again. Memecoins added more than 4 billion dollars in market cap over the last three days of December. Even with that bounce, the total is still about 10% lower than last month.
That tells you how much interest has faded. The clearest proof is trading volume, which has collapsed more than 54% month over month.
Shiba, of course, was hit by the same decline, since it is one of the leaders in the memecoin market. The team is planning a privacy upgrade using fully homomorphic encryption on its Shibarium layer 2 network in 2026. This upgrade could help increase demand for the coin.
SHIB is currently sitting at 0.0000084, the same level it previously bounced from before rallying to the 0.000009 resistance. Bulls need to defend this area again, and if they manage to hold it, a retest of that first resistance is back on the table.
If this level fails, the price could drop toward the demand zone, which is a key support area. It is a must-hold zone because losing it would open the door for SHIB to print new lows before 2026.
The RSI is sitting around 43 and trending toward oversold territory, which could support a short-term bearish move if momentum continues to weaken.
PepeNode Is Quietly Pulling Liquidity While SHIB Struggles To Hold Support
The broader memecoin sector is still crawling out of its lowest valuation of 2025. Volume is down, sentiment is weak, and most of the big names are still stuck in heavy downtrends.
That is exactly the kind of environment where new projects with actual momentum sneak in and steal the spotlight. PepeNode is doing precisely that.
With 2.20 million dollars raised already and an insane 570% APY, the project is positioning itself as one of the few memecoins showing real traction while the rest of the market sleeps. Investors hunting for early-cycle opportunities are piling in quietly, hoping to catch the rotation before it becomes obvious.
Unlike most meme plays that rely on hype spikes, PepeNode is building around staking incentives that keep holders locked in. High APY rewards reduce selling pressure, tighten supply, and let momentum build internally even when the broader market is flat.
If memecoins truly wake up in early 2026, the projects that built a base during the dead period tend to outperform everything else on the way up. PepeNode is setting itself up to be one of those.
Visit the Official Pepenode Website Here
The post Shiba Inu Price Prediction: Mysterious Whale Empties Coinbase Wallet – Massive Bull Market About to Start? appeared first on Cryptonews.
Credit: Source link
