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Shiba Inu: 3,000,000,000,000 SHIB Drop Happens: Details

2025-07-15 13:30:36

Shiba Inu: 3,000,000,000,000 SHIB Drop Happens: Details

Main Idea

Shiba Inu (SHIB) experienced a significant 50% drop in large transaction volume, raising concerns about potential further declines in its price.

Key Points

1. SHIB's large transaction volume dropped sharply by 50% to 3.65 trillion, a rare occurrence.

2. Despite a recent rally attempt to reclaim the $0.000014 zone and moving above the 50-day and 100-day EMAs, the 200-day EMA rejected the advance, causing a nearly 2% price drop.

3. The last time whale activity on SHIB dropped this much, it preceded a multi-week decline that erased over 30% of its market capitalization.

4. SHIB is currently holding at the $0.000013 level, but a further decline could push it back to $0.000012 or even $0.000011, erasing most of July's gains.

5. A recovery would require SHIB to firmly retake the 200-day EMA.

Description

Shiba Inu rapidly loses substantial amount of trading volume, suggesting potential turnaround in current trend

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Shiba Inu