$SHIB $SHIB

Shiba Inu Price Prediction: $28M Dump Looms as 2T SHIB Hits Exchanges

May 30, 2025 – In a move that has shaken the Shiba Inu (SHIB) investor community, over 2 trillion SHIB tokens — worth approximately $28 million — have been transferred to centralized exchanges, signaling a potential sell-off that could exert downward pressure on the meme coin’s price.

Whale Movements Raise Red Flags

Blockchain analytics firm Lookonchain and other on-chain trackers reported the massive SHIB transfer earlier this week. The tokens were moved from several whale wallets to prominent exchanges including Binance, Coinbase, and KuCoin, often a sign that large holders are preparing to sell.

This shift has triggered concerns of an impending "dump," which could flood the market with excess supply and lead to a sharp price decline. Historically, similar whale movements have been followed by short-term dips in the SHIB price.

Market Reaction and Current Price Action

As of the time of writing, Shiba Inu is trading at approximately $0.000014, down 6% in the last 24 hours. Trading volumes have spiked by over 30%, suggesting heightened activity and possible panic among retail investors.

The crypto market overall has been experiencing mixed sentiment, with Bitcoin holding steady above $68,000, while altcoins remain more volatile. SHIB, being a meme coin with a highly speculative base, is particularly vulnerable to large-scale token movements.

Price Prediction: What Comes Next?

Analysts are split on what lies ahead for SHIB. If the 2 trillion tokens are indeed sold off in bulk, the price could retrace further, potentially falling to the $0.000012 support level — a critical zone that held during the last major sell-off in early 2025.

However, some traders remain cautiously optimistic. “If SHIB manages to absorb this selling pressure and hold above the $0.000013 threshold, it could signal resilience and pave the way for a recovery once the whale activity subsides,” noted crypto analyst Jason Wu.