Quick Highlights One of the biggest Coinbase investors purchased 191.857 billion SHIB in four different transactions totaling $2.4 million. SHIB is trading at $0.00001220 and its key resistance is at $0.00001689 with potential targets at about $0.00002025. The whale moved all tokens to a single wallet, suggesting long-term accumulation rather than short-term trading. One of the leading cryptocurrency investors associated with Coinbase has been buying the Shiba Inu (SHIB) token in large quantities within the recent trading days. The whale bought 191.857 billion SHIB from the Coinbase hot wallet, in 4 transactions of approximately $2.43 million. Blockchain analytics firm Arkham Intelligence tracked the substantial token movements. The transactions occurred in amounts of 22.47 billion, 38.39 billion, 102.59 billion, and 28.39 billion SHIB tokens, respectively. The biggest individual purchase was worth up to 1.28 million. The accumulation pattern is one of the largest SHIB concentrations in recent months. All tokens were withdrawn from the leading U.S. cryptocurrency exchange and deposited into a single wallet address. No further outflows are identified to have occurred on the destination wallet. Market Performance and Technical Analysis SHIB is trading at around $0.00001220 at the time of writing, down 3.07% in the last 24 hours. The token has established a trading range between $0.00001159 and $0.00001689 for the past three days. Technical indicators indicate key price levels for SHIB's near-term trajectory. A breakout above the $0.00001689 resistance level could send the token toward $0.00002025. On the other hand, a breach below the $0.00001159 support zone may trigger a pullback to the $0.000010 region. The whale's accumulation activity occurs in the context of less liquidity in the market of SHIB. Trading volumes remain low compared to the peak times in the meme coin market. This environment amplifies the possible influence of massive token flows on the price discovery. The token's potential to hold above current support levels will likely influence short-term sentiment among retail and institutional holders. Whale Activity Signals Long-Term Strategy These purchases are concentrated, which is an attribute that makes them unique from the normal market operation. The majority of recent SHIB transactions include smaller values that are shared among several addresses. Whale's decision to consolidate nearly 192 billion tokens in a single wallet demonstrates a strategic accumulation strategy. The timing coincides with broader cryptocurrency market stabilization. Bitcoin and major altcoins have shown resilience despite regulatory uncertainties and macroeconomic headwinds. Capital rotation from Bitcoin to Ethereum and other altcoins has increased in recent weeks. Such stability could have attracted large investors to invest more in other tokens such as SHIB. The whale's portfolio now consists of SHIB tokens worth $2.4 million. This concentration represents significant conviction in the token's potential performance. The absence of diversification across other cryptocurrencies indicates a focused investment thesis.