- Whale transferred 3 trillion SHIB highlighting an expansion.
- Shiba Inu explores expanding to Base and Solana.
- Significant burn rate spike impacts market.
A major whale transferred 3 trillion SHIB, valued at approximately $39 million, from Coinbase Prime to a self-custody wallet in August 2025 amid Shiba Inu’s expansion plans.
This transaction, viewed as bullish by analysts, coincided with a 1,985% surge in SHIB’s burn rate, reflecting increased attention and potential ecosystem impacts.
A major whale transaction involving 3 trillion SHIB valued at approximately $39 million occurred on Coinbase Prime in August 2025. This took place just after Shiba Inu announced plans to expand to Base and Solana.
The wallet owner, anonymized by the address “0x48a6,” executed a significant transfer to a self-custody wallet. They followed an accumulation strategy and had not engaged in rapid trading, suggesting a long-term investment focus.
This action placed substantial focus on Shiba Inu’s multi-chain expansion plans. The strategy, confirmed by lead developer Kaal Dhairya, proposes maintaining their Ethereum-native status while supporting other platforms.
The withdrawal reduced liquidity from Coinbase, indicating confidence in SHIB’s future. No new institutional funding emerged, but the large transaction implies robust capital interest. Burn rate surged by 1,985% as SHIB’s circulation decreased.
Crypto community found historical parallels, recalling past whale activities preceding price volatility or upgrades. The expansion strategy, coupled with these market signals, could stimulate governance dialogue in decentralized finance settings.
Insights suggest growing adoption across multiple ecosystems like Solana, prompting further interest in SHIB’s financial integration. These moves may enhance interoperability among Ethereum-compatible chains, potentially affecting TVL and related DeFi protocols.
Kaal Dhairya, Lead Developer, Shiba Inu, “Our future plans target providing greater interoperability, allowing for broader adoption and utility of SHIB across various platforms.”
