512,613,062,446 SHIB Out of Kraken as Anonymous Shiba Inu Whale Becomes Meme Coin Bull

There is a new Shiba Inu whale in the game, and they have just pulled 512.6 billion $SHIB worth about $7.14 million out of Kraken's hot wallets in one go, as per Arkham data. The tokens went into a new address, which now has almost all of its $7.1 million balance in $SHIB, as well as just 5 ETH worth about $23,000.

The wallet, marked as "0x2CC," has not moved any of the coins since the inflow. That leaves it as a one-sided account stacked almost entirely with $SHIB, instantly ranking among the day's largest inflows and even surpassing flows into wallets tied to Coinbase and Binance with surprising ease and unusual clarity.

The purchase comes at a time when $SHIB is trading near $0.0000138, which is about 5% down on the day. This makes the timing of the accumulation as intriguing as the scale and equally difficult to ignore.

Instead of waiting for a rebound, the buyer stepped in heavily during weakness, suggesting a different outlook from short-term traders who tend to reduce exposure in red sessions almost without hesitation or second thought.

Bullish for $SHIB?

Pulling half a trillion $SHIB out of Kraken is not just a "buy and store" move — it rewrites the short-term liquidity map. That amount, parked in a new wallet, is bigger than most daily exchange volumes for $SHIB and instantly places the address in league with top institutional holders.

It stands out because the tokens were moved during a price drop, not a rally. This makes it look more like a planned entry made with intent to profit from it.