Shiba Inu
Why Shiba Inu is down 4.1% today
Analysis
Shiba Inu (SHIB) fell 4.1% over the past 24 hours as reports pointed to heavy whale activity and large net outflows adding sell pressure around key support levels. AMBCrypto noted whales dumping roughly 32B SHIB, while U.Today highlighted a separate 101B SHIB moved in 24 hours—both suggesting heightened distribution and volatility that likely weighed on price despite other metrics showing mixed signals.
Contributing Factors (3)
Can Shiba Inu hold KEY support as whales dump 32B SHIB?
SHIB faces bearish pressure as whales sell, support weakens, and leveraged traders eye critical downside levels.
-101,000,000,000 Shiba Inu (SHIB) in 24 Hours: Was Control Taken?
Shiba Inu bulls pushing funds away from exchanges, potentially enabling recovery potential for the asset.
33,217,400,000 SHIB in 24 Hours: Shiba Inu Crucial Metric Becomes Bullish Again
Shiba Inu exchange flows over the last day signal declining sell-side pressure as demands appear to be growing following the brief resurgence seen yesterday.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.