Good News for $SHIB Holders – 3 Million Transferred, Big Bet Coming Soon? My View

A whale just transferred over 3 million SHIB—nearly half a percent of the total supply—into self-custody. That doesn't seem like a move to sell. It feels like they are locking it up for the long term.

Some experts consider this a positive sign, pointing out that SHIB reserves on exchanges continue to decline, which reduces selling pressure. Whale activity has also surged, often a sign that big players are quietly accumulating. However, a few analysts warn that $SHIB is hovering near overbought territory, so we might see a correction before any real breakout.

My view: this shows strong confidence from large wallets. If SHIB can hold support and rise higher, the momentum could be very strong. I see this as a sign to be patient—whales are clearly playing for the long game, and we should too.$SHIB