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Shiba Inu Whale Awakens, Transfers 407 Billion SHIB to BitGo

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A Shiba Inu whale has ended its three-year silence by transferring 407.99 billion SHIB to BitGo, sparking speculation about an impending sale.

The transaction occurred on September 6, 2026, and is worth approximately $2.21 million at current prices.

This move mirrors a similar transfer recorded last week, where another major Shiba Inu whale sent 600 billion SHIB to BitGo using the same routing mechanism.

The larger market has seen more SHIB withdrawn from exchanges than deposited over the past 24 hours, with a netflow of -77.59 billion tokens.

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