#CryptoFees101 🐕 Shiba Inu Price Plot Thickens as Whale Dumps Continue 🐋💸
The drama around Shiba Inu (SHIB) is heating up! 🔥 Once a top meme coin darling, SHIB is now under pressure as major whales continue dumping billions of tokens. In just the past few days, one whale transferred 100 billion SHIB (~$1.2M) to Binance, triggering a sharp 8% price dip 📉.
Even more shocking — the total holdings of large SHIB whales have dropped significantly, indicating heavy distribution rather than accumulation 🏃♂️💨. With the price slipping below key support levels, SHIB is now flirting dangerously close to the $0.000010 zone 🚨.
To make matters worse, Shibarium activity is also down 📉, and the burn rate is cooling off — removing one of the key bullish catalysts 🔥🧊.
Still, all hope isn’t lost! 💡 If SHIB can reclaim the $0.0000136 resistance and boost its network metrics, a bounceback could be on the cards 📈. But for now, the bears are in control 🐻.
📊 Key Levels to Watch:
🟥 Support: $0.0000120 ➡️ $0.0000100
🟩 Resistance: $0.0000136 ➡️ $0.0000145
Stay sharp, SHIB Army 🛡️ — the whales are making waves! #ShibaInu 🐕🦺
#WhaleAlert 🐋
