The wallet sat quiet for almost two years. No trades, no movement — just 
billions of Shiba Inu tokens parked on-chain while the market did what it 
wanted. Then, on March 15, it all moved at once. A Long Wait That Ended In 
The Red Blockchain data from Arkham Intelligence shows that a wallet 
identified as &#8220;0xbOe8&#8221; sent roughly 14.5 billion SHIB to crypto exchange OKX 
last Sunday. The tokens first moved to an intermediary wallet before landing 
in OKX&#8217;s hot wallet. When the dust settled, the investor recovered just 
$84,640 — a fraction of the $506,830 originally spent. The math is brutal. 
That works out to a loss of about $422,190, or 80% of the entire investment. 
For nearly two years, the wallet showed almost no activity. On-chain records 
indicate the only movements during that period were small spam transfers — 
nothing that looked like active trading or any attempt to cut losses early. 
The original purchase was made on Binance in March 2024, when SHIB was deep in 
a rally that pushed the token to a high of around $0.000045. Buyers at that 
level were betting the momentum would carry further. It didn&#8217;t. Bought At The 
Peak, Held Through The Drop Since that March 2024 high, SHIB has shed roughly 
82% of its value. The token now trades around $0.0000063. At its lowest point 
this past February, the price had fallen to about $0.0000051 — an 85% drop 
from where this investor got in. Holding through that kind of decline takes 
either conviction or inertia. Based on the on-chain record, this wallet did 
nothing for close to two years. No partial sells, no rebalancing. The position 
just aged while the price eroded. When the wallet finally moved on Sunday, the 
token ended up at OKX — widely seen as a signal that a sale was imminent or 
already executed, given that hot wallets on exchanges are typically used for 
active trading. Related Reading: Another Bitcoin Buy Coming? Saylor Sparks 
Speculation With ‘Orange Dots’ Post The Flip Side Of The Same Coin Not every 
SHIB holder has a story like this one. Reports note that some early buyers 
turned small initial amounts into life-changing returns, though those cases 
largely belong to an earlier era of the token&#8217;s history. The meme coin 
launched in 2020, and its biggest gains came in 2021, when prices spiked by 
several thousand percent. Featured image from Pethelpful, chart from 
TradingView

80% Down: Shiba Inu Whale Finally Exits After 2-Year Hold

Onchain perpetual futures trading on decentralized exchanges ( DEXs) reached 
record levels in early 2026, signaling a sustained shift in market structure 
as traders increasingly move away from centralized platforms. Solana, Ethereum 
Upgrades Fuel Shift to Onchain Crypto Derivatives Perpetual DEXs processed 
about $6.7 trillion in cumulative trading volume in 2025, marking a 346% 
increase […]

Decentralized Exchanges Capture Nearly 20% of Global Perps Market

The interpretative notice included information on token taxonomy and what 
digital assets the regulator would consider a security under federal law.

SEC will consider most crypto assets not securities under federal law

A crypto analyst has identified an eight-year convergence pattern on the 
Ethereum (ETH)-Bitcoin (BTC) trading pair chart, suggesting it could signal 
the long-awaited onset of an altcoin season. Although rumors of an altcoin 
season have circulated in the crypto space since before 2025, such a phase has 
yet to materialize, underscoring the persistent volatility in alternative 
cryptocurrencies throughout this bull market. Despite this prolonged delay, 
the analyst argues that the new convergence structure could become a catalyst 
that fuels an altcoin season even more powerful than the one observed in 2021. 
Ethereum Chart Structure Signals Powerful Altcoin Season Crypto analyst CW has 
presented a new technical analysis suggesting a major altcoin season in this 
cycle. Supported by a multi-year chart structure, the analysis centers on the 
ETH/BTC trading pair and outlines a unique convergence pattern that has been 
developing since mid-2017. Related Reading: Bitcoin And Ethereum Prices Are 
Struggling Again, And Here’s What’s Behind It In his post on X, CW predicts 
that this convergence pattern could break during the current bull market 
cycle. The structure is visible on the weekly chart as a large descending 
triangle or wedge that started when ETH/BTC reached a peak around 0.16. Since 
that high, the pair has been compressing between a descending resistance line 
and a flat horizontal support level near the 0.020 zone. Price action in the 
chart shows that ETH/BTC hit this peak during the 2021 bull market but failed 
to break the upper descending trendline of the converging pattern. Following 
this, the pair dropped back sharply and has continued to trend lower, now 
pressing into the very tip of the convergence pattern near the 0.029 level. 
This suggests that ETH/BTC is approaching its final stage near the apex of the 
descending triangle pattern. The narrowing distance between the resistance and 
the support suggests the market could be at a critical juncture. CW suggests 
that a breakout from this point could end the trading pair’s eight-year 
compression within the convergence pattern. If this happens, it could signal a 
major shift in strength from BTC to ETH, and finally to the broader altcoin 
market, marking the potential onset of an altcoin season in 2026. 2026 Altcoin 
Season To Surpass 2021 Boom CW emphasized in his post that the altcoin season 
he anticipates in this bull cycle could exceed the strength of the 2021 cycle, 
mirroring the explosive scale of the 2017 cycle. He argued that many investors 
underestimate how powerful the 2017 bull run was, noting that it delivered 
wider, more aggressive gains across the altcoin market than the more selective 
rally in 2021. Related Reading: Is The Altcoin Market Dead? Why These 
Cryptocurrencies Have Failed To Move In a previous analysis, CW shared a 
separate chart from CryptoQuant, adding further weight to his outlook for a 
2026 altcoin season. The chart, which tracks the CEX volume ratio of non-BTC 
assets versus Bitcoin, excluding stablecoins, compares the current market 
setup to the 2021 altcoin season. In both periods, altcoin trading activity on 
centralized exchanges was consistently higher than Bitcoin’s volume. However, 
CW notes that this activity has been running for much longer in 2026 than in 
2021. He believes this sustained volume, coupled with a potential breakout 
from ETH/BTC’s current convergence pattern, strengthens the case of a powerful 
altcoin season in 2026. Featured image from Freepik, chart from 
Tradingview.com

The 8-Year Ethereum Convergence That Says An Altcoin Season Stronger Than 2021 Is Coming

Tether’s QVAC Fabric integrates BitNet LoRA to fine‑tune and run 
multi‑billion‑parameter AI models on consumer GPUs and flagship phones, 
pushing serious AI work to the edge. Tether’s AI division has quietly shipped 
one of its most aggressive non‑stablecoin bets to…

Cryptocurrency price in BHD