80% Down: Shiba Inu Whale Finally Exits After 2-Year Hold

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NewsBTC • March 17, 2026 at 23:20 • Analysis
The wallet sat quiet for almost two years. No trades, no movement — just billions of Shiba Inu tokens parked on-chain while the market did what it wanted. Then, on March 15, it all moved at once.   A Long Wait That Ended In The Red Blockchain data from Arkham Intelligence shows that a wallet identified as “0xbOe8” sent roughly 14.5 billion SHIB to crypto exchange OKX last Sunday. The tokens first moved to an intermediary wallet before landing in OKX’s hot wallet. When the dust settled, the investor recovered just $84,640 — a fraction of the $506,830 originally spent. The math is brutal. That works out to a loss of about $422,190, or 80% of the entire investment. For nearly two years, the wallet showed almost no activity. On-chain records indicate the only movements d...

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