Shiba Inu (SHIB) Whales Reduce Exposure as Coin Gears to Add an Extra Zero
🐋
Shiba Inu (SHIB) has experienced a 21% price drop over the past month. This decline is primarily due to a general market downturn and reduced activity from SHIB whales. On-chain data shows that large SHIB holders have significantly decreased their holdings in the past 30 days.
IntoTheBlock's data reveals a substantial decline in large transactions involving SHIB. Daily transactions worth between $100,000 and $1,000,000 have decreased by 46%, while transactions worth between $1,000,000 and $10,000,000 have declined by 64% in the last month.
The falling large transaction count is a bearish signal. Retail investors often lose confidence when large investors reduce their trading activity, leading to diminished buying and potential price drops. SHIB's Large Holders’ Netflow confirms that whales have sold more than they’ve accumulated, with a 391% drop in netflow over the past month.
Whale addresses, which hold over 0.1% of SHIB's circulating supply, have been offloading their holdings, signaling an imminent price decline. These changes significantly impact market sentiment and can lead to wider deaccumulation.
Despite this bearish trend, SHIB's daily chart readings suggest a possible rebound. SHIB’s Relative Strength Index (RSI) and Money Flow Index (MFI) values indicate it is nearing an oversold condition, traditionally a precursor to a price reversal.
If market conditions favor SHIB, its price might climb to $0.000018. However, intensified selling could plunge the coin’s price below $0.000010.
Булак: beincrypto.com ↗
Окшош макалалар (65)
Shiba Inu Soars 4% as Whale Activity Spikes – What Does This Mean for SHIB’s Future?
Prepare For Impact: Shiba Inu Whales Increase Their Holdings By 600% In A Single Day
Shiba Inu (SHIB) Surges 240%: What Whale Activity Means for You!
Shiba Inu Whales Quietly Stockpile SHIB for a 330% Rally: What Other Cryptos Are on Their Radar?
Shiba Inu Breaks Barriers: Whale Accumulation Signals Price Surge
Shiba Inu Whale Action Hints At Explosive 7,000% Growth
Shiba Inu Whales Increase Holdings by 596%: A Bullish Indicator?
Sharp Rise In Shiba Inu Whale Activity Could Trigger 7,000% Price Rally, Here’s The Target
Whale Activity Drains Shiba Inu in 800 Billion SHIB Outflow
Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover?
Shiba Inu’s Recent Spike: What’s Driving the SHIB Transactions?
Shiba Inu (SHIB) Sees Unprecedented Whale Activity in 24 Hours
5 Billion SHIB Dumped as Two Whales Go All-In on Viral Shiba Inu Competitor, Set to Skyrocket 2500% by 2025
Shiba Inu’s 10 Largest Whales Hold 61% Of Supply, A Worrying Fact?
Shiba Inu Whales Back In Action With Over 1.3 Trillion SHIB, Is This Bullish Or Bearish?
Shiba Inu Suffers Major Crash In Whale Activity, Will The Price Follow?
Shiba Inu Whale Transactions Rise 60% In One Day, But There’s Bad News
Shiba Inu Whale Volumes Sees Drastic Increase, What’s Driving It?
Smart Whale Buys Hundreds Of Billions Of SHIB Following Crash
Shiba Inu Whales Are Quietly Accumulating SHIB – Can This Send Price To $.0.00005?
Here’s Why Shiba Inu Whales Have Been Dumping Their Bags
770 Billion Shiba Inu Withdrawn From Exchanges : What it Means for the Community?
Shiba Inu Sees Surge in Whale Transactions
Shiba Inu Whale Activity Soars 588% as Investors Look To Market Recovery
Shiba Inu Price Analysis: Rising Whale Activity Signals Potential Breakout
Whales Boost Shiba Inu Purchases
Why whales are holding on to SHIB as scam fears hit Shiba Inu’s price
Will Shiba Inu Price Rebound Soon As Whales Accumulate Amid DAO Plans?
Shiba Inu (SHIB) Sees Surge in Whale Activity as Coin Flashes Buy Signal
Shiba Inu Loses Whale Dominance During $0.000014 Consolidation: Here’s the Next SHIB Price Trend
Shiba Inu Witnesses Surge In Whale Activity Amidst Major SHIB Price Breakout
Diamond Hands Shiba Inu Whale Switches to These 2 Crypto
Can Shiba Inu whale moves help SHIB rise 7000%?
Shiba Inu Price Drops and Whales Increase Holdings
Investors Seize Opportunity as Shiba Inu Price Drops
Shiba Inu Sees Significant Increase in Whale Transaction Volume
Whales Increase Shiba Inu Sales and Short Positions
Whales Accumulate Shiba Inu
Shiba Inu (SHIB) Sees 285% Surge in Whale Activity as Large Holder Netflows Soar
Shiba Inu Whale Trading Spikes Amid Market Turmoil, Transaction Volumes Normalize as Stability Returns
SHIB Whales Spark Market Revival: Over 1 Trillion SHIB Transacted in 24 Hours
Shiba Inu Price Positioned for Rally After Major Whale Acquisition of 220 Billion SHIB
Shiba Inu (SHIB) Sees 1,115% Surge in Large Holder Netflows Amid Profit-Taking Trends
Whale Alert: Unidentified Investor Amasses 1 Trillion Shiba Inu (SHIB) Tokens Amidst Ecosystem Movements
Shiba Inu Whale Makes Bold Moves: Trades Billions of SHIB for Emerging Tokens Despite Losses
Declining Whale Activity Signals Trouble Ahead for Shiba Inu (SHIB) Investors
Shiba Inu (SHIB) Whale Activity Plummets, Sparking Concerns in the Meme Coin Market
Shiba Inu (SHIB) Surges: Whale Activity Soars with 1.97 Trillion in Large Transactions!
Shiba Inu (SHIB) Whale Activity Surges: 10 Trillion SHIB Traded Amid Market Chaos
Surge in Shiba Inu Whales: 171% Increase in Large Transactions Amid Market Sell-Off
Shiba Inu (SHIB) Sees Massive Whale Activity and 29% Price Surge Amid Market Volatility
Shiba Inu (SHIB) Whale Accumulation Jumps 600% Amid Netflow Surge
Shiba Inu (SHIB) Faces Decline as Whales Exit and Transaction Volumes Drop
Shiba Inu Whale Activity Surges 240% Sparking Increased Price Volatility
Shiba Inu (SHIB) Sees Massive Whale Activity Amid Bearish Trends, Potential Price Reversal Ahead
Shiba Inu Faces Major Setback as Whale Transactions Plummet
Shiba Inu Soars with ShibTorch Launch on Shibarium, Whale Transactions Surge
Anonymous Whale Spurs Surge with Massive Shiba Inu (SHIB) Buy: Market Awaits Impact
Shiba Inu (SHIB) Whale Activity Surges 81%, Sparkling Speculation Amid Price Spike
Surge in Whale Activity Boosts Shiba Inu (SHIB) Transactions by 1.38 Trillion Tokens in 24 Hours
Shiba Inu Whales Prepare for Potential Breakout Amid Decline in Large Transactions
Shiba Inu (SHIB) Sees 62% Surge in Large Transactions: What’s Driving Whale Interest?
Shiba Inu Token Sees 36.6% Surge in Large Transactions Amid Whale Activity Shift
Scam Alerts and Whale Dominance: Shiba Inu (SHIB) Faces Mixed Market Signals
Shiba Inu (SHIB) Price Recovers Amid Whale Interest and Market Dynamics
