Shiba Inu Whale Activity Drops to Zero, Suggesting Possible Prolonged Market Consolidation

Key Points

1. Whale transactions in the $1M-$10M range have fallen to zero, signaling a total retreat of major investors.

2. SHIB's price struggles below its 50-day Exponential Moving Average (EMA), reflecting market fear and declining trading volume.

3. Smaller transaction tiers show minor increases (+31.28% and +30.77%), but these are insufficient to offset the lack of whale activity.

4. Reduced whale activity suggests diminished speculative interest, historically crucial for SHIB's hype-driven rallies.

5. Without renewed large-scale investment, SHIB faces structural weakness and limited potential for a strong rebound.