Overview

Click to expand overview
Shiba Inu price has crashed this year as whales dumped 13 trillion tokens. Fortunately, the SHIB burn rate has increased, rising by 3,145% today. SHIB price has also The number of Shiba Inu tokens held by large investors, or “whales,” dropped significantly on March 11, the day of the eagerly awaited public beta launch of Shibarium, also known as Data reported by U.Today has shown that Shiba Inu (SHIB) was dropped by whales in the trillions on the Shibarium release date. Specifically, metrics have shown that the Hace 3 días Recent data shows Shiba Inu experienced a dramatic 74% decline in large transaction volumes, falling from 5.76 trillion SHIB to just 1.47 trillion in five days. Knowledge reported by U.Today has proven that Shiba Inu (SHIB) was dropped by whales within the trillions on the Shibarium launch date. Particularly, metrics Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out. The shift in behavior highlights growing caution among major After a few days of price slump, Shiba Inu (SHIB) explodes onto the scene as whale wallets aggressively accumulate trillions of tokens, riding a wave of surging prices

Shiba Inu (SHIB) Price Crash: Whales Dump Trillions on Shibarium Launch Date? What\'s Next?

Did whales trigger a Shiba Inu (SHIB) price drop by dumping trillions of tokens around the highly anticipated Shibarium public beta launch? Recent data paints a complex picture of whale activity and its potential impact on SHIB\'s future.

Whales Sell Off: Trillions of SHIB Tokens Moved

Reports indicate significant SHIB movement by large holders, or "whales," coinciding with the Shibarium release date. Data reported by U.Today confirms that Shiba Inu (SHIB) was dropped by whales in the trillions on the Shibarium release date. This raises concerns about the impact on the token\'s price.

Specifically, metrics suggest substantial selling pressure. One report highlights a dramatic 74% decline in large transaction volumes, plummeting from 5.76 trillion SHIB to a mere 1.47 trillion SHIB in just five days. This decrease is a strong indicator of whale activity and potential profit-taking.

Shiba Inu Price Crash: The Numbers Don\'t Lie

It\'s no secret that the Shiba Inu price has faced headwinds this year. While Shibarium was expected to boost the token, the timing of whale selling may have exacerbated the situation.

Knowledge reported by U.Today has proven that Shiba Inu (SHIB) was dropped by whales within the trillions on the Shibarium launch date. Particularly, metrics point to a cautious, if not bearish, sentiment among major holders.

SHIB Whale Activity: A Detailed Look

The shift in behavior among SHIB whales is noteworthy. One report reveals a dramatic spike in whale activity, with 2.83 trillion tokens flowing out of whale-controlled wallets in just 24 hours. This further underscores the growing caution among major investors.

Is There Hope? Increased SHIB Burn Rate Offers a Glimmer

Despite the negative pressure from whale selling, there are positive developments. Shiba Inu price has crashed this year as whales dumped 13 trillion tokens. Fortunately, the SHIB burn rate has increased, rising significantly. Recent reports indicate a massive surge, with one reporting a rise of 3,145% today. A higher burn rate can reduce the circulating supply, potentially increasing the value of remaining SHIB tokens.

Whales Accumulating? A Potential Turning Point

Interestingly, some reports suggest a shift in momentum. After a few days of price slump, Shiba Inu (SHIB) explodes onto the scene as whale wallets aggressively accumulate trillions of tokens, riding a wave of surging prices. This suggests that some whales see the dip as a buying opportunity and may be positioning themselves for future gains.

Conclusion: Navigating the Volatility of SHIB

The Shiba Inu market remains highly volatile. While the release of Shibarium was intended to be a catalyst for growth, the coinciding whale activity has created uncertainty. The interplay between whale selling, increased burn rates, and potential accumulation presents a complex picture for SHIB investors. Staying informed about market trends and whale movements is crucial for navigating the risks and opportunities in the SHIB ecosystem.

Top Sources

Related Articles