Insiders Continue Dumping Shiba Inu (SHIB) to Load Up on Crypto’s Next Massive Winner
2025-07-09 10:23:04
Main Idea
Shiba Inu (SHIB) faces a sell-off due to whale activity, while Remittix (RTX) gains attention for its real-world utility in converting crypto to fiat currencies.
Key Points
1. Shiba Inu (SHIB) is trading around $0.00001187, with a significant drop of over 12% after trillions of tokens were moved to exchanges.
2. Over half of SHIB's supply is controlled by just ten wallets, making whale activity impactful on price.
3. Despite the sell-off, SHIB's ecosystem shows growth with over 1.5 million wallets and continued Shibarium Layer 2 migration.
4. Remittix (RTX) is gaining attention for its utility in converting cryptocurrencies to fiat currencies, supporting over 100 cryptocurrencies and 30+ fiat options.
5. SHIB is hovering near a critical support level of $0.0000102, with potential for deeper losses if this level is breached.
Description
The post Insiders Continue Dumping Shiba Inu (SHIB) to Load Up on Crypto’s Next Massive Winner appeared first on Coinpedia Fintech News A surge of insider sell-offs has put Shiba Inu in the hot seat, stirring concern over its future. Large holders are quietly exiting their positions and the sell signals are becoming harder to ignore. On-chain data shows trillions of SHIB tokens have been moved to exchanges, pointing to a growing loss of confidence among whales. Smart money is shifting to project...
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