Shiba Inu (SHIB) Pulls Back After Brief Rally Amid Bearish Whale Activity$SHIB
Shiba Inu (SHIB) saw a short-lived price rally on May 21, climbing 3.18% to reach $0.00001492 before reversing by 1.9% in the final trading hour. The pullback comes as whale activity turned bearish and on-chain data pointed to weakening investor participation.$BNB
Whale Activity Turns Cautious
Large holders have started reducing their exposure to SHIB. Whale netflows dropped 311%, and the number of active addresses has fallen 68% since December 2024—signaling fading interest and declining transaction volumes.
Currently, over 25 trillion SHIB tokens are held around the $0.000014–$0.000015 range by 34,000
wallets,