The market dynamics of Shiba Inu (SHIB) are changing rapidly, with a decrease in whale activity and large transactions on the network. This has led to concerns about the asset's price trajectory and the overall mood of the market. There has been a significant decline in wallets holding SHIB valued between $100,000 and $1 million, indicating that large investors are either removing their holdings or liquidating their positions. This decrease in whale participation and liquidity could increase the asset's volatility and vulnerability to downward pressure. Without the support of whales, Shiba Inu has no foundation to rely on for recovery. However, if new institutions or investors step in, the asset may find some stability. The disappearance of whales is a warning sign, and unless there is a strong return of buying pressure, SHIB may continue to face downward pressure and potentially breach important support levels.
Content Editor ( u.today )
- 2025-02-27
Did Shiba Inu (SHIB) Whales Just Disappear?
