🚨 Shiba Inu Whale Outflows Skyrocket 992% — Is a Major Move Incoming? 🐋🔥

The Shiba Inu (SHIB) ecosystem is buzzing with whale activity — and it's turning heads across the crypto community.

📊 Whale Outflows Surge 992%

According to IntoTheBlock, SHIB's large holder outflows — a metric tracking tokens leaving whale wallets — skyrocketed by 992% this week. Outflows jumped from 105.39 billion SHIB on June 1 to a staggering 1.07 trillion SHIB by June 3.

This dramatic spike raises a key question: Are whales selling… or simply moving off exchanges?

🧐 What Does It Mean?

"Large Holder Outflow" typically signals two scenarios:

Bearish case: Whales are offloading SHIB, potentially triggering downside pressure.

Bullish case: Whales are withdrawing to cold wallets, suggesting long-term HODLing and price speculation.

Right now, signs suggest the latter — large holders are locking up SHIB, likely betting on a future rally.

🔁 Meanwhile… Inflows & Big Buys Are Up Too

Interestingly, whale inflows are also up 206%, meaning some large addresses are receiving massive amounts of SHIB — potentially a redistribution between whale wallets.

And there’s more: Large transactions (>$100,000) have exploded by 216% in the past 24 hours, pointing to a sharp uptick in high-value trades.

This kind of coordinated whale movement could signal a strategic play ahead of a price move.

💹 Price Action: What’s Next for SHIB?

At the time of writing, SHIB is trading at $0.0000131, down just 0.56% on the day — but recovering from its May 31 low of $0.00001226.

Tuesday’s rally met resistance at $0.00001345, halting its upward momentum. But the real test lies ahead:

Break above the 50-day SMA ($0.00001387): This would break a resistance trendline that’s held since December.

Break above the 200-day SMA ($0.00001764): This could ignite the next major bull run.

Support to watch: $0.00001 remains a key floor if bearish pressure returns.

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🔮 Final Thoughts

The data doesn’t lie: whales are making bold moves with SHIB. Whether it's strategic accumulation or offloading remains to be confirmed, but one thing’s clear — the ShibArmy should be watching closely.

Massive transactions. Major inflows and outflows. Resistance levels in sight.

Something big may be brewing for SHIB. 👀🐶💥$SHIB