Shiba Inu Whale Moves $32 Million Worth of SHIB: Price to React?
A significant whale moved over 1.6 trillion Shiba Inu coin (SHIB) tokens worth about $39 million from Crypto.com to private wallets, reigniting conversations around the much-talked-about impact of whale activity on SHIB's price. But that's not all. According to Whale Alert, an unknown Shiba Inu (SHIB) whale has moved 4.5 trillion tokens, worth a whopping $32.4 million, from an unknown wallet to another. Another transaction saw a whale with deep pockets move a total of 4,113,777,233,445 SHIB worth $32.86 million from an unknown wallet to another. This recent activity has the Shiba Inu community buzzing: What does it all mean?
Shiba Inu Whale Activity: Accumulation or Sell-Off?
This surge in whale transactions raises a critical question: Are whales accumulating SHIB, or is this a sign of impending sell pressure? The answer could determine the short-term direction of SHIB's price. A Shiba Inu whale recently transferred over 150 billion SHIB tokens from Bybit, sparking discussions about shiba inu whale activity and its potential impact on SHIB’s.
In response to Whale Alert, an unknown Shiba Inu (SHIB) whale has moved 4.5 trillion tokens, value a whopping $32.4 million, from an unknown pockets to a wallet. The recipient wallet “0x44a8” now holds a total of over 4.58 trillion SHIB, worth more than $33 million at the time of writing. Address “0xe9bb” had initially received the tokens from “0xA863”.
SHIB Price Outlook: Reacting to Whale Moves
The cryptocurrency market is known for its volatility, and large whale transactions can often trigger significant price swings. While it's impossible to predict the future with certainty, monitoring these whale movements is crucial for understanding potential shifts in market sentiment surrounding Shiba Inu. However, in the last year, Shiba Inu price has been showing signs of breaking out. In 2025, it broke resistance at $0., and it is now attempting to convert this.
Keep an eye on SHIB's price action in the coming days and weeks. The market will likely react to these substantial whale movements, offering potential opportunities for both buyers and sellers. Stay informed and trade responsibly.