❤️ Within a day, 224 billion SHIB flowed in; what’s behind it?
Event Overview:
On April 14, the inflow of large SHIB holders (whales) surged from 96 billion to 224.34 billion, an increase of 133%. At the same time, the volume of large transactions skyrocketed by 173.76%, reaching 1.31 trillion (approximately $15.66 million).
Key Signals:
1. Whale Accumulation: The surge in inflow from large holders suggests that whales may believe SHIB is undervalued and are beginning to “stock up” in preparation for a price increase.
2. Market Activity: The simultaneous surge in large transaction volume indicates that whales are frequently buying and selling, reflecting a resurgence in market enthusiasm.
Reality Reversal:
• Price Drops: Despite the frantic accumulation by whales, the price of SHIB actually fell by 3.22% to $0.00001188, due to a sell-off across the entire crypto market, making it difficult for SHIB to stand out.
• Three Consecutive Days of Decline: Since peaking at $0.00001268 on April 12, SHIB has declined for three consecutive days, but has recently consolidated in the $0.0000102 - $0.000012 range, possibly “gathering strength.”
Future Suspense:
• Karma Innovation: Developers have revealed that SHIB will launch a “Karma” system, similar to game experience points, aimed at building ecological trust, but it is still in testing and may be adjusted at any time.
• Can It Bounce Back?: Will whale accumulation drive a rebound for SHIB? The key will be whether Karma can introduce new gameplay and whether overall market sentiment can improve.
In Summary:
Whales are frantically accumulating, yet prices have fallen. Whether SHIB’s future is characterized by “successful bottom fishing” or “being stuck” depends on whether Karma can ignite market enthusiasm!