Shiba Inu Bulls Awaken as Double-Bottom Hints Emerge with 100 Billion SHIB Leaving Exchanges
Shiba Inu ( $SHIB ) shows early signs of a rebound as it forms a potential double bottom. Over the past two weeks, the price has repeatedly bounced off a key support zone, indicating waning downside momentum and a possible shift toward upward movement.
SHIB’s price has tested and held the $0.0000072–$0.00000797 support zone twice, forming a classic double bottom. This technical pattern suggests selling pressure is waning, and buyers may be gaining control, historically signaling a potential upward rebound and fueling trader optimism.
On-chain data points to growing accumulation. Despite trading near local lows, wallets are steadily withdrawing SHIB from exchanges, signaling confidence from long-term holders.
Combined with the emerging double bottom pattern, this suggests a cautiously optimistic outlook for SHIB in the near term.
Shiba Inu Sees Massive Exchange Withdrawal as 100 Billion SHIB Tokens Exit in 24 Hours
Leading crypto trackers report nearly 100 billion SHIB tokens exited exchanges within 24 hours, one of the largest single-day outflows in recent months.
Such massive withdrawals suggest holders are shifting assets to private wallets or cold storage, signaling a strong long-term holding sentiment.
Well, Shiba Inu’s recent record outflows reveal a key dynamic: on-chain activity isn’t always reflected in market prices.
While SHIB lingers near local support, massive withdrawals suggest growing investor conviction, pointing to a strategic accumulation phase as holders prepare for potential price gains and upcoming ecosystem developments.
Meanwhile, after months of bearish pressure and heavy whale and institutional selling, Shiba Inu is depicting early signs of a potential rebound. Technical patterns are there that suggest a possible rally, signaling renewed opportunities for traders and long-term investors.
Shiba Inu Buyers Step In as Exchange Reserves Hit Low Levels
Exchange Reserves: Shiba Inu supply on exchanges fell 21 percent, reducing selling pressure.
Whale Activity: Top holders accumulated over 96 billion SHIB, signaling strong buying interest.
Price Outlook: SHIB remains in a bear market but accumulation may support a potential rebound.
Shiba Inu has been struggled this year, dropping more than 70 percent from its year-to-date high. While blue-chip tokens like Bitcoin and Solana have outperformed, recent data suggests the meme coin may be drawing renewed interest. Exchange reserves are falling, and whales are returning, quietly accumulating large amounts. These developments signal growing confidence among some investors. Traders now watch whether these factors can spark a meaningful rebound in SHIB price.
😼🐳 Shiba Inu has seen the highest amount of whale transfers since June 6th today, happening in tandem with a +1.06T net change to the amount of $SHIB on exchanges. The #24 market cap in crypto is likely to see high volatility in the coming days. pic.twitter.com/64slL6tGVw— Santiment (@santimentfeed)
December 9, 2025
Exchange Reserves Plunge as Investors Move Coins
Shiba Inu’s fundamentals have improved in recent weeks. According to Nansen, exchange supplies have fallen by 21 percent over the last 30 days. This decline shows that holders are keeping coins off exchanges and moving them into private wallets. Currently, 288 trillion SHIB remain in exchanges, down from this month’s high of 366 trillion.
Reduced supply on exchanges typically decreases selling pressure and supports potential price stability. At the same time, whales have returned to the market. Top holders have accumulated over 96 billion SHIB, a remarkable increase from December lows of 1.36 billion. This represents a growth of nearly 7,000 percent in just a few days. The top 100 addresses also boosted holdings by 10.3 percent over the last 30 days.
These patterns indicate strong buying interest among large investors, signaling confidence in SHIB at current levels. Investors moving coins into self-custody while whales accumulate are seen as bullish signs. Buying the dip has historically been a strategy to position for potential gains during a rebound. However, the broader market remains cautious, and these moves do not guarantee an immediate price turnaround.
Technical Outlook and Potential Risks
Technically, Shiba Inu remains in a bear market. Price action shows a descending channel, connecting high points from May, July, and September. SHIB trades below both the 50-day and 100-day exponential moving averages, as well as the Supertrend indicator. The descending trendline confirms that downward momentum continues. Price sits slightly above the lower side of the channel, indicating short-term support.
A break above the upper trendline could trigger further gains, potentially reaching $0.000012. Conversely, a move below current support would signal that bears remain in control and could push prices lower. Other factors may affect the rebound potential. The meme coin sector has lost favor this year, with competitors like Dogecoin underperforming. Macro conditions, including the upcoming Bank of Japan interest rate hike, may also keep broader markets under pressure.
Despite the technical challenges, the combination of falling exchange reserves and whale accumulation highlights that some investors see value at current levels. These actions could create a foundation for a potential rebound if broader sentiment improves. Traders and analysts will continue monitoring supply flows, whale activity, and technical levels to gauge whether Shiba Inu can regain momentum in the weeks ahead.
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Crypto market
cryptocurrency
Shiba Inu (SHIB)
Solana
SBI Starts XRP Lending, Shiba Inu Whale Awakens With 53 Billion SHIB Transfer, New Ethereum Hack Revealed — Crypto News Digest
SBI VC Trade opens new rent coin lending round in Japan
Coinbase-linked Shiba Inu whale resurfaces after year-long silence
Ethereum whale multisig drained for $27.3 million after private key compromise
SBI VC Trade opens new rent coin lending round in Japan
SBI Groupis now a massive institutional partner of Ripple, the company associated with XRP.
Recruitment round. SBI VC Trade, a subsidiary of SBI Holdings, announced a new recruitment round for its “Rent Coin” (lending) service.
SBI VC Trade, a major Japanese cryptocurrency exchange and subsidiary of the financial giant SBI Holdings, is opening a new recruitment round for its "Rent Coin" (Lending) service.
The recruitment period begins tonight, Dec. 18, 2025, at 20:00 (JST). The exchange supports lending for 34 assets, including XRP, Bitcoin (BTC), and even meme cryptocurrency Dogecoin (DOGE).
Holding yield. The program allows users to earn returns on idle crypto holdings, unlike standard wallet storage, which typically generates no yield.
Unlike stocks with dividends or banks with interest, holding crypto in a wallet usually yields nothing. This service turns idle crypto into an income-generating asset.
It is worth noting that applications are generally approved on a first-come, first-served basis, and popular coins (often XRP and DOT) can hit capacity quickly (waitlisted).
SBI VC Trade first launched its cryptocurrency lending service in November 2020. Initially, it only supported Bitcoin (BTC). The minimum loan was 0.1 BTC, and it offered a 1% usage fee (interest).
Coinbase-linked Shiba Inu whale resurfaces after year-long silence
Shiba Inu whalejust ended a year of silence, moving 53,591,805,991 SHIB just as the price of the meme coin flirts with yearly lows.
Calculated move. A Coinbase-linked Shiba Inu whale has reappeared on-chain after roughly one year of inactivity.
A Coinbase-linked Shiba Inu whale has reappeared on-chain after a full year of silence, and the numbers make it impossible to ignore. According to Arkham, wallet "0x1b1" received 53,591,805,991 SHIB from a Coinbase hot wallet about 20 hours ago, a transfer valued at around $415,000 right now.
What is most interesting is that this was not a new accumulation story starting from zero, and the history matters more than the headline number.
Whale awakening. A year ago, the wallet sent 43.6 billion SHIB and 9.1 billion SHIB back to Coinbase deposit addresses and then went completely inactive until the latest transfer.
The same address interacted with Coinbase deposits multiple times three years ago, moving blocks ranging from 1.8 billion to 109.4 billion SHIB during earlier cycles.
One year ago, the wallet sent out 43.6 billion SHIB and 9.1 billion SHIB to Coinbase deposit addresses, then went dark. No visible on-chain activity followed until now.
At the same time, the Shiba Inu coin has spent 2025 unwinding a long drawdown rather than building an upside structure to say the least. The year opened above $0.00002, then sold off aggressively through January and February, pushing the price into the $0.000012-$0.000015 range by spring.
Ethereum whale multisig drained for $27.3 million after private key compromise
Whale multisigwas drained for $27.3 million after a private key compromise.
Big hack. Ethereum whale’s multisig wallet was drained of roughly $27.3 million following a private key compromise.
According to PeckShieldAlert, an Ethereum whale’s multisig was drained for about $27.3 million after a private key compromise, and the attacker has already funneled about $12.6 million, around 4,100 ETH, through Tornado Cash, while keeping about $2 million in liquid assets on hand.
Etherscan-linked traces shown in the screenshots point to address "0x1fCf1" repeatedly sending out 100 ETH chunks to Tornado Cash, the kind of pattern that looks less like one "panic move" and more like a planned laundering schedule, and the same set of screens also ties the drainer to control over the victim’s multisig.
Multisig. The attacker appears to control the victim’s multisig, which still holds a leveraged ETH long position visible via the Aave interface.
That control matters because, per the Aave interface capture, the victim's multisig still sits on a leveraged ETH long: about $25 million in Ethereum supplied against about $12.3M DAI borrowed, with a health factor displayed around 1.68, meaning the wallet is alive, but not "sleep easy" alive, if ETH slides.
The Etherscan wallet overview in the images shows 100.3184 ETH worth about $284,640 plus holdings around $1.37 million across 201 tokens, with the most visible major lines being 303.44 WETH, equal to around $860,973; 2,216.36 OKB for another $234,802); 4,928.74 LEO at $36,374) and 151,990.97 FET, which made $30,870 more.