Out of nowhere, a big SHIB move hit the chain today — a Binance hot wallet pushed out 10,003,000,000 SHIB into a fresh address, split into three separate sends. The largest one carried just over 9 billion SHIB, worth about $116,000, the second chunk was close to 1 billion SHIB worth $12,900, and the last was a tiny 189,000 SHIB, barely two dollars on paper.
All of it landed in one wallet that looks brand new, now holding little else except that SHIB stack, plus a leftover 0.213 ETH (around $1,000) and some dust-level ACH.
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This isn’t a jaw-dropping whale movement compared to billion-dollar flows the market has seen this week. What makes it worth attention is the calendar.
September has been one of Shiba Inu’s better months over the years — the median performance sits at +8.2%, and in 2021 it was September that kicked off the run leading to the massive +833% October rally.
Even in down cycles, September has often delivered some kind of green after the summer slump, which is why a sudden 10-billion SHIB pull from Binance into cold storage is being discussed.
What’s up with Shiba Inu (SHIB) price?
SHIB is still stuck at $0.00001284, holding a base just above $0.00001107 while resistance levels stack one after another at $0.00001698, $0.00002000-0.00002500 and then the old cap at $0.00002970. That range has been containing the token for months, and any real breakout will have to chew through it, while a slip below the $0.000011 zone risks erasing what little structure summer managed to build.
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For now, the setup is intriguing: One wallet with 10 billion SHIB pulled off Binance, right before a month that has historically leaned bullish. Whether that lines up with another seasonal rebound or just fades into the noise is open for speculation.
Source: https://u.today/10000000000-shib-out-of-binance-as-meme-coin-bull-readies-for-september