While Shiba Inu ($SHIB) has seen an 8% price uptick in the last 24 hours, a significant drop in whale activity has raised concerns about the meme coin’s market trajectory.

---

🐋 Whale Volume Plummets: What Happened?

According to on-chain analytics:

Large transactions ($100,000+): Down 73% in the last 24 hours.

Token volume: Fell from 21.23 trillion SHIB to 5.72 trillion SHIB.

USD value: Dropped from $493.66M to $145.37M, marking a 70% decline.

Over the past four days, whale transactions have crashed 81% from $784.79M, indicating a sharp decrease in large-holder engagement.

---

Implications for $SHIB’s Price Dynamics:

Liquidity Concerns: Lower whale activity could mean reduced liquidity, leading to increased volatility.

Market Confidence: Declining whale participation might signal reduced confidence or exits by large holders.

Retail-Driven Rally: On-chain data from Santiment shows recent gains are primarily driven by retail investors, leaving $SHIB vulnerable without whale support.

---

🔍 Notable Whale Movement:

A massive transfer of 4 trillion SHIB ($99M) between unknown wallets was flagged by Whale Alerts. The purpose of this transfer remains unclear but suggests potential redistribution or exchange activity.

---

📈 Current Market Snapshot:

Price: $0.00002545

24-Hour Change: +7%

RSI: Rebounding from 33 to 69, indicating renewed buying momentum.

---

What’s Next for $SHIB?

While retail investors are fueling the current rally, the decline in whale transactions could impact long-term price stability. Watch for:

1️⃣ Key Support Levels: Can $SHIB maintain its upward trend above $0.00002500?

2️⃣ Whale Activity: A further decline could signal a bearish shift.

3️⃣ Market Sentiment: Monitor retail investor behavior, as they currently dominate the market.

---

Verdict:

Shiba Inu’s short-term gains are encouraging, but the decline in whale activity is a red flag for sustained growth. Stay cautious, as reduced liquidity could lead to sharp price fluctuations.

👉 Join Binance for real-time updates and expert insights on $SHIB and other top tokens!

#DEXXBreach #WorldLibertyXChainlink #Bbcedefi #cedefi #Write2Earn! $BB