Good News for $SHIB Holders – 3 Trillion Moved, Big Bet Coming? My Take
A whale just shifted over 3 trillion SHIB—almost half a percent of the total supply—into self-custody. That doesn’t look like a move to sell. It feels more like they’re locking it away for the long run.
Some experts see this as a bullish sign, pointing out that SHIB reserves on exchanges keep dropping, which reduces sell pressure. Whale activity has also spiked, often a hint that big players are quietly accumulating. Still, a few analysts caution that $SHIB is hovering near overbought levels, so we could see a pullback before any real breakout.
My take: this shows strong confidence from big wallets. If SHIB holds support and pushes higher, the momentum could be powerful. I see this as a sign to stay patient—the whales are clearly playing for the long game, and so should we.
A whale just shifted over 3 trillion SHIB—almost half a percent of the total supply—into self-custody. That doesn’t look like a move to sell. It feels more like they’re locking it away for the long run.
Some experts see this as a bullish sign, pointing out that SHIB reserves on exchanges keep dropping, which reduces sell pressure. Whale activity has also spiked, often a hint that big players are quietly accumulating. Still, a few analysts caution that $SHIB is hovering near overbought levels, so we could see a pullback before any real breakout.
My take: this shows strong confidence from big wallets. If SHIB holds support and pushes higher, the momentum could be powerful. I see this as a sign to stay patient—the whales are clearly playing for the long game, and so should we.
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Jager
Alpha
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