🚨 Shiba Inu on the Rise, But Is Trouble Brewing Behind the Scenes? 🚨
🐾 $SHIB Price Up 8%, Whale Activity Down 70%
The meme coin king, Shiba Inu, is back in the spotlight with an 8% surge in the last 24 hours, trading at $0.00002545. However, while retail investors cheer, data from IntoTheBlock reveals a sharp 70% crash in whale transactions—raising eyebrows across the crypto space.
🔎 Whale Volume Craters
In just 24 hours, large SHIB transactions (>$100K) plummeted from $493.66M to $145.37M, with 5.72 trillion SHIB tokens moving hands—an alarming 73% decline. Compared to $784.79M on Nov. 12, that’s an 81% drop in four days!
💼 What’s Driving the Decline?
While retail investors fuel SHIB’s rally, whales seem to be exiting or redistributing:
A massive transfer of 4 trillion SHIB worth $99M between unknown wallets has been flagged by Whale Alerts.
The sender wallet still holds $185.9M in SHIB, while the recipient now holds $101.88M—but the motive remains unclear.
📊 What This Means for SHIB’s Price
Reduced whale activity could impact liquidity and price stability.
However, SHIB's Relative Strength Index (RSI) has jumped from 33 to 69, showing renewed buying momentum.
🔥 The Retail Revolution?
Is this the dawn of a retail-driven bull run for Shiba Inu, or is whale skepticism a red flag for future price volatility?
💬 Your Turn
Will SHIB’s loyal community overcome the whales’ retreat, or does this signal turbulence ahead? Share your thoughts below!
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