Nearly 1 Trillion SHIB, worth about $13 million, moved into the wallet 0x2CC8 overnight. On-chain dashboards tracked the flows through labeled market-maker and exchange routes. The transfers form one of the largest single day accumulations seen recently.
Overnight Transfers Concentrate Nearly 1 Trillion SHIB
Arkham data shows almost 1 trillion SHIB consolidating in the 0x2CC8 address within hours. The inflows valued the tokens near $13 million at a price of about $0.0000129. The destination address climbed to the top of session inflow charts.
The sequence started with a 532.8 billion SHIB transaction. Trackers valued that leg near $6.99 million using prevailing prices. The move set the tone for additional transfers that followed quickly.
This development anchors today’s Shiba Inu (SHIB) whales activity. It places a large share of tokens under a single holder. It also establishes a clean record of movements that analysts can verify on chain.
Route Maps Point To Wintermute And Kraken
Labeled wallets tie several legs to Wintermute and Kraken. Small probes of 8.3 billion, 10.4 billion, and 9.4 billion SHIB went first. Larger blocks of 466.7 billion, 485 billion, and 512.6 billion SHIB followed those tests.
The path used known liquidity channels rather than spot order books. As a result, transfers did not immediately imply buys or sells on exchanges. The pattern reads as staged routing to a final destination.
This routing detail matters for Shiba Inu (SHIB) whales activity. It highlights how operators structure large moves to reduce slippage. It also helps separate settlement flows from open market trades.
Bearish flag on SHIB points to 30% downside if confirmed
September 18, 2025 — Shiba Inu SHIB/USD prints a bearish flag on the daily chart after August’s sharp drop and a brief, rising consolidation. Price trades near $0.00001332 at press time, while the 50-day Exponential Moving Average (EMA) sits around $0.00001296. The flag tilts upward inside parallel lines, and momentum cooled as candles climbed back toward $0.00001450.
A bearish flag is a continuation pattern that shows a sharp decline (the “pole”) followed by a short, upward-sloping consolidation (the “flag”) that often resolves lower. Here, the pole spans the late-July to early-August selloff. The subsequent channel formed higher highs and higher lows, yet each push stalled below prior supply. Volume eased during the flag, which aligns with the textbook setup.
Confirmation requires a decisive daily close below the flag’s lower trendline and the 50-day Exponential Moving Average near $0.0000129. If that breakdown confirms, the pattern projects about a 30% move from the current price, implying a target near $0.00000932. Until confirmation, price remains inside the channel; however, the structure favors continuation because the trend into the flag was down, the rebounds lack strong follow-through, and the moving average has capped rallies.
SHIB daily RSI tilts neutral, momentum cools
September 18, 2025 — Shiba Inu’s 14-period Relative Strength Index prints 53.64 on the daily chart, with its smoothing line near 54.86. Readings sit above the 50 midline yet remain below the 60–70 strength band, which signals neutral momentum after the early-September pop.
RSI peaked lower than its early-September high even as price probed the channel top, which flags a mild bearish divergence. Volume on price rallies also eased, and RSI slipped beneath its smoothing line, so short-term impulse looks softer than last week.
However, RSI still holds north of 50, so buyers retain a modest edge while consolidation persists. A decisive break back below 50 would align with the bearish flag breakdown case from price action. Conversely, a push through 60–65 would indicate improving trend energy and challenge the downside scenario.
