Shiba Inu
Why Shiba Inu is down 1.2% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.2% over the past hour as the market digested mixed signals after a recent rally, with reporting indicating whales have largely held their positions rather than adding fresh momentum. U.Today noted that SHIB whales “refuse to sell” following a 16% rally, which can coincide with short-term cooling as immediate follow-through buying fades even while large holders stay put.
Contributing Factors (1)
Shiba Inu (SHIB) Whales Refuse to Sell 16% Rally
Shiba Inu coin whales withdraw billions of SHIB to personal wallets, refusing to take profit despite the token's recent 16% rally.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.