Only 320 Billion Shiba Inu Transacted in 24 Hours
Recent U.Today data highlights a dramatic drop in Shiba Inu (SHIB) whale activity. On April 19, large transactions plunged to just 320.28 billion SHIB—a 50 % decline from the levels seen just days earlier . This low-volume dip contrasted sharply with earlier April, when daily SHIB whale transactions sometimes topped several trillion. Analysts suggest this slump signals waning interest among major holders, raising the potential for stagnation in SHIB’s price trajectory unless whales return. For a meme coin that often relies on speculative whale inflows, such a lull could mark a turning point in market dynamics.
Elon Musk Mentions Bitcoin for the First Time in 3 Years
On June 2, 2025, Elon Musk broke a nearly three-year silence on Bitcoin by tweeting about it—his first mention since early 2022 . The timing caught attention as analysts were observing renewed institutional interest and technical indicators pointing to a strong rally. Musk’s return to Bitcoin discourse, though brief, stirred a wave of optimism across crypto circles. As one influencer quipped, “Buckle up,” suggesting Musk may be signaling bigger moves ahead. Though details remain scarce, even a hint from such a high-profile figure can reignite sentiment in the broader BTC market.
10.71 Billion DOGE in Open Interest as It Returns to Peak Levels
U.Today reported a massive resurgence in Dogecoin (DOGE) open interest, with 10.71 billion DOGE held in futures contracts—an amount that mirrors levels not seen since DOGE’s peak periods . This uptick reflects a growing appetite among traders to speculate on DOGE’s near-term moves. With such substantial sums committed, hedging strategies and potential price volatility loom large. Market watchers see this as a strong signal of renewed institutional and speculative positioning in DOGE, even as price movements remain choppy.
🔍 Crypto Pulse: What It Means for You
SHIB: Whale-level inactivity may signal a cooling trend—without renewed whale inflows, SHIB could stay range-bound.
BTC: Musk’s reference, even fleeting, could herald broader bullish positioning—again shifts watcher sentiment.
DOGE: A surge in open interest often precedes choppy price action—futures markets are heating up, so volatility is back on the table.
Bottom Line: The meme-coin space is stirring back to life. SHIB is grappling with diminishing whale traction, but DOGE is seeing futures-driven momentum. Meanwhile, Musk’s Bitcoin comment—his first in three years—might hint at an early-stage bull environment for BTC. As volatility creeps back into these markets, both seasoned investors and retail traders should stay alert.