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An investor who owned billions of Shiba Inu (SHIB) tokens has sold their position for a large loss. On-chain data shows they moved the tokens to the OKX exchange after leaving the wallet untouched for almost two years.
The wallet bought the tokens when the market was in a bull run, expecting significant gains in the future. Since then, the market has corrected drastically.
According to Arkham Intelligence, the wallet “0xb0e8E4F2CE189D9670a462281504a008DefEbA2d” transferred 14.51 billion SHIB tokens to OKX on Sunday, March 15, 2026. Transfers like this indicate that the tokens are going for sale or have already been liquidated.
Data indicates the investor bought the 14.51 billion SHIB tokens for around $506,830 during the rally in March 2024. At that time, SHIB was trading around $0.00004567.
The investor took the tokens out of Binance during the market rally, hoping the price would keep going up. However, the price never went higher and instead fell after reaching a peak in March 2024.
Arkham Intelligence data shows the wallet sold the tokens for $86,000. This was a loss of about $422,000, which is 83% less than what they originally paid.
The wallet showed very little activity while the investor held the tokens. Aside from a few occasional transfers and some low-value spam, the address remained inactive after the first purchase.
The sell-off reflects a major price decline from the March 2024 peak. After touching $0.00004567, the meme coin lost momentum and currently trades at $0.000006056, an 86.74% drop from its high. Earlier this year, SHIB fell to around $0.00000507, marking an even steeper decline of around 89%.
The whale’s exit highlights the risks associated with holding volatile assets over long periods. While some investors have made significant profits from Shiba Inu, others have faced substantial losses when market cycles shifted.
Also Read: SHIB Price Near Critical Support, Could Bulls Still Trigger a Sharp Bounce?
In SHIB’s futures market, the token saw net inflows surging by 1,549.47%, according to CoinGlass data.
The increase reflects a change in investor sentiment, with more future contracts flowing than exiting the market in the last 24 hours.
Notably, on-chain data shows inflows of $14.52 million and outflows of $13.80 million, resulting in a net inflow of about $446,810. As of March 16, 2026, Shiba Inu is trading above $ 0.000006, indicating a strong recovery, with around 10% gain in the past week.
