New Ethereum Wallet Transfers

A brand new Ethereum wallet has recently moved over $4.2 million in tokens from Binance, adding to a portfolio that includes over 110 billion SHIB, as well as major positions in LINK, ETH, and POL, as per Onchain Lens.

The wallet in question was not funded in stages or through a bridge; it was filled in bulk over the course of just under an hour. Most of the movement was around Shiba Inu (SHIB), with three separate transactions totaling 110.34 billion tokens, which are now worth about $1.45 million.

One interesting aspect is the timing: SHIB has recently dipped to around $0.00001260, at its lowest point in a month, before bouncing back to $0.00001310, suggesting that this entity was taking advantage of the pullback.

> A newly created wallet has withdrawn tokens worth $4.2M from #Binance:
>
> – 80,126 LINK worth $1.46M
> – 110.34B SHIB worth $1.45M
> – 3.44M POL worth $762K
> – 142.62 ETH worth $552K
>
> Address: 0x1e29731E8473fc2Ae7593a95813f4B9DCcd4Ee325 pic.twitter.com/rfTALSt2U0
> — Onchain Lens (@OnchainLens) July 31, 2025

But that was not all. The same wallet also received 80,126 LINK tokens — worth another $1.45 million — along with 3.44 million POL ($762,000) and just over 142 ETH ($552,000). All tokens came from known Binance wallets, indicating this was not a random purchase but a planned withdrawal, likely for storage or safekeeping elsewhere.

Shiba Inu (SHIB) Whale Alert

What makes this wallet unusual is its sudden appearance without any obvious history. No traces of earlier test transactions, outflows, or swaps exist, but it has absorbed plenty of high-value assets across four ecosystems working together.

This kind of setup often precedes larger fund deployments, DeFi engagement, or cold wallet storage, especially during macro volatility.

SHIB’s price action is noteworthy: the recent reversal near the local support level may have been spotted by the person orchestrating the move. If this is more about accumulation than a reshuffle, the wallet’s next moves might give insights into where SHIB coin and similar assets could head in August.