A Shiba Inu whale that had stopped buying for more than 7 months resumed accumulation, purchasing 30.18 billion SHIB on Binance.

On July 25, blockchain outlet The Crypto Basic reported that the address recently bought more Shiba Inu in a single transaction worth $125,270.

The trade drew market attention as the first meaningful purchase in months. Based on Arkham Intelligence on-chain data, the address had not newly bought SHIB for more than 7 months up to that point. The last purchase was 70 million SHIB in December 2025, and a month earlier it accumulated more than 20 billion SHIB in four transactions.

After the purchase, the wallet’s SHIB holdings rose to 50.28 billion tokens. The current valuation is $210,710. SHIB remains the largest asset in the wallet in dollar terms, showing the investor still places weight on the token.

The whale’s renewed buying also coincides with SHIB flowing out of exchanges. Investors previously withdrew about 74 billion SHIB from exchanges, and moved more than 1 billion additional SHIB over the past 24 hours. That extends a trend of shrinking circulating supply left on exchanges.

Major exchanges also reallocated large amounts of SHIB among their own wallets. OKX moved more than 168 billion SHIB from a hot wallet to a cold wallet over the past 12 hours. Binance and Wintermute also moved SHIB in the billions of tokens in the past few hours. Such transactions are generally related to internal wallet management and are not immediately interpreted as buy or sell signals.

Still, it is difficult to conclude a trend reversal based on this whale purchase alone. While the whale’s renewed accumulation and exchange outflows are continuing at the same time, it has not yet been confirmed whether the recent rebound marks the start of a sustained recovery. In this situation, the market is watching whether large holders add to purchases and whether the decline in exchange holdings continues.

The trade stands out as renewed buying by a large holder after a long pause coincided with outflows beyond exchanges. It also underscored that exchange wallet movements and actual trading should be viewed separately.