SHIB whale sells 14.5B SHIB on OKX, realizes 80% loss

Dormant wallet moved 14.5B SHIB on March 15. Funds hit OKX’s hot wallet after nearly two years idle.

Loss locked or implied near 80%. The wallet’s transfers and timing are visible on Arkham.

- 14.5B SHIB sent to OKX on March 15, 2026.
- Cost basis about $506,830. Received or marked value about $84,640. Loss roughly $422,190, or 80% Arkham.
- Wallet showed no trading for ~2 years. Only small spam transfers Arkham.

The buy happened on Binance in March 2024, near a rally peak around $0.000045. Price now trades near $0.0000063, down ~82% since then SHIB.

Deposit to an exchange hot wallet typically precedes a sale. The path ran via an intermediary wallet to OKX’s hot wallet Arkham OKX.

Title: Dormant wallet sends 14.5B SHIB to OKX, 80% loss after 2-year hold