The Shiba Inu (
$SHIB ) market is facing strong bearish pressure 🐻, with its price struggling to stay afloat! Both 24-hour and 7-day charts show a downward trend 📉, and now on-chain data has thrown another red flag 🚩—a massive 61% crash in whale transactions! 🐋💥
Could this be a temporary dip or a sign of something bigger? Let’s dive into the numbers! 🔎📊
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⚡ Shiba Inu Whale Activity Takes a Nosedive!
Fresh data from IntoTheBlock reveals that whale transactions—a key indicator of market sentiment—have plummeted 😱. Since whales control massive amounts of SHIB, their activity often dictates the market’s next move 📊.
🔥 Here’s what just happened:
🔻 Large SHIB transactions collapsed from 353 to 136 in just 24 hours—a 61% drop! 😨
🔻 The total SHIB moved in these transactions fell from 6.81T to 3.05T SHIB—a 55% drop! 🛑
🔻 In USD terms, transaction volume tanked from $128.95M to $54.74M—a 58% crash! 💥💰
💡 What does this mean? Whales are either:
✅ Taking profits 🤑
✅ Holding back due to uncertainty 🤔
✅ Waiting for a better entry point 🎯
But with less whale activity, SHIB is losing momentum fast! ⚠️
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📉 What’s Next for SHIB’s Price?
The drop in whale activity is already hurting SHIB’s price 🚨:
🔴 SHIB is down 2.7% in 24 hours & 9.5% over the past week! 😟
🔴 It has lost the key $0.000020 support level and is now hovering above $0.000018! ⚠️
🚀 What could happen next?
💥 If whales return, SHIB could rebound and regain strength! 🔄📈
💥 If whale activity remains low, SHIB could drop below $0.000018, leading to further losses! ⛔📉
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🔥 Final Thoughts – Will SHIB Recover?
The massive drop in large transactions shows that whales are stepping back, either cashing out or waiting for a better move 🎲. Right now, SHIB is at a crucial point, and its next move depends on whether big investors jump back in! 🚀💎
Will whales return and push SHIB back up? Or will we see more downward pressure? 🤔💰
🔥 Drop your thoughts in the comments!
Let’s discuss where SHIB is headed next! 🐕📊🚀
$SHIB #SHIB #Shibalnu #DeepSeekImpact #MicroStrategyAcquiresBTC #AI