Shiba Inu (SHIB) experienced a 37% price surge driven by retail investors' fear of missing out, but on-chain data reveals that 52 large holders (whales) cashed out during this rally. These whales sold significant amounts, capitalizing on retail enthusiasm and leaving smaller investors with losses as the price quickly corrected downward. The SHIB market remains highly centralized, with just 0.05% of wallets controlling nearly 95% of the supply, making it difficult for retail traders to sustain price gains. This event highlights the risks of buying meme coins late in a pump, as whales often use retail excitement to exit profitably.
Shiba Inu (SHIB) experienced a sudden 25% price increase over a weekend, driven by renewed interest in its Web3 projects and a significant withdrawal of tokens from exchanges to self-custodial wallets. This shift has reduced available supply, potenti...
Shiba Inu (SHIB) surged 40% over the weekend, reaching an intraday high of $0.00000582 and a market cap of about $3.12 billion. This rally was driven by $5 million in net spot inflows, the largest in nine months, indicating actual buying and holding ...
After over seven months of inactivity, a Shiba Inu whale purchased about 30.18 billion SHIB tokens worth roughly $125,000 in a single spot buy. This move coincides with early signs of renewed interest and speculative activity in the memecoin market, ...
More than 1 trillion Shiba Inu (SHIB) tokens were recently withdrawn from centralized exchanges and moved to private wallets, indicating a shift from selling to holding among investors. This large outflow suggests decreasing immediate sell pressure a...
Shiba Inu's futures market saw a sharp 25% decline in open interest after a dramatic price reversal following a strong rally that pushed its price to around $0.0000057. The sudden drop in futures activity and a 7% price fall to about $0.0000050 indic...
