SHIB Whales Are Stirring—Is a Rebound on the Horizon? 🐋
One of the biggest Shiba Inu whales just unloaded $6 million worth of SHIB. Yes, the same person who famously turned $3,800 into over $1.2 billion. That alone would raise eyebrows—but here's the real story: instead of retreating, whales are quietly buying the dip.
Despite SHIB dropping nearly 10%, new wallets have been snapping up massive amounts—hundreds of billions of tokens. The token burn rate remains stable, and exchange supplies continue to shrink, hinting at a strategic accumulation rather than panic selling.
Right now, SHIB is hovering around a key support level at 0.00001100. If it holds and manages to break above its 20-day moving average, we could see bullish momentum start to build.
The market might look weak on the surface, but don’t be fooled—whales rarely make noise when they’re positioning for a move.