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.
A major South Korean cryptocurrency whale has accumulated 361 billion Shiba Inu (SHIB) tokens, transferring them from the Coinone exchange to a single wallet worth $23.53 million. This accumulation coincides with SHIB's price testing critical moving ...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Shibarium, Shiba Inu's layer-2 blockchain, saw a 122% increase in daily transactions from 786 on September 6 to 1,750 on September 8, 2026. This surge follows a sharp drop the previous week and indicates growing network activity. However, the rise co...
Shiba Inu cryptocurrency is gaining stronger presence in Japan following regulatory reforms that may allow the launch of the country's first cryptocurrency ETFs. This development could increase investor access to Shiba Inu through regulated financial...
Shiba Inu experienced a massive 1,307% surge in burn activity over the past 24 hours, with 46.25 million SHIB tokens permanently removed from circulation. This burn event has tightened the token's supply, potentially boosting demand and scarcity, alt...
