Large holders are leaving the market at an alarming rate, which is a worrying trend for Shiba Inu. Recent data shows a startling 70% drop in whale transactions, pointing to a significant change in institutional and high-net-worth investors' attitudes. The price of SHIB is further declining into bearish territory as a result of this sharp outflow and a larger downward trend.
According to on-chain analytics, SHIB's large-holder outflow has decreased by roughly 73% in the last month, which is indicative of a precipitous drop in whale engagement. Such a large decline may indicate growing doubt about SHIB's future performance, as whale transactions have historically been a crucial gauge of market confidence.
SHIB/USDT Chart by TradingView
At the same time, large-holder inflows have also fallen by almost 85%, which has further cemented the downward trend in interest. It will be more difficult for SHIB to bounce back from its recent losses because decreased whale activity usually indicates lower liquidity and weaker buying support.
HOT Stories Shiba Inu's Shibarium on Verge of Major Milestone Dogecoin Founder Intrigues Crypto Community With Mysterious Crash Chart XRP at $2.40: What to Expect Next for XRP Price? Dogecoin Network Heats up as Active Addresses Surge 400%
The token is already showing oversold conditions, and there is little chance of a significant recovery unless there is fresh demand from key players. Due to its inability to maintain any meaningful bullish momentum, SHIB has been trapped in a declining trend. At the moment, the asset is trading close to a critical support level at $0.000012. The price may drop to $0.000010 if this level is not maintained, which could result in additional losses.
Related
Sun, 03/16/2025 - 09:15 Ripple Applies for New Trademark: Details
Alex Dovbnya
Breaking that barrier could put SHIB in a more severe bear market phase, from which recovery would be more challenging. Regaining $0.000014 and maintaining momentum above $0.000015 are necessary for SHIB to change market sentiment. However, the likelihood of such a move currently seems low due to declining whale participation.
Related
Sat, 03/15/2025 - 15:57 XRP Price Prediction for March 15
Denys Serhiichuk
The sharp decline in whale activity raises serious concerns about SHIB’s near-term stability. Without fresh buying pressure, particularly from institutional players, the token’s trajectory remains bearish. Unless a significant catalyst emerges, SHIB could struggle to reverse its losses, leaving investors in a precarious position.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
