Shiba Inu Whale Outflows Surge 12,887% Amid Price Rejection and Market Uncertainty
Main Idea
Shiba Inu whale outflows surged by 12,887% due to a low initial base, not mass sell-offs, amid price rejection and weakening market momentum.
Key Points
1. The 12,887% increase in Shiba Inu whale outflows is attributed to a very low initial outflow base, not a large-scale sell-off.
2. Shiba Inu's price faced resistance near $0.0000125, leading to a rejection that invalidated earlier bullish momentum.
3. SHIB is trading near short-term support at $0.0000122, with a weakening RSI around 40 and diminishing volume, indicating cautious investor sentiment.
4. The market awaits a new catalyst to restore bullish confidence, as short-term price gains appear unlikely without significant retail demand.
5. While the outflow figure is striking, broader market conditions and weakening momentum suggest a cautious outlook for SHIB.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Shiba Inu whale
Latest News
- Chainlink Highlights Potential Impact of EVM-Compatible Chains on Ethereum’s Blockchain Ecosystem2025-08-05 12:17:33
- USDT Dominance Rises Above Key Level, Suggesting Possible Short-Term Pressure on Bitcoin2025-08-05 12:01:04
- XRP Institutional Accumulation Increases Amid Large Transfers, Potential Price Breakout Considered2025-08-05 11:43:46
- Chainlink Runtime Environment Could Potentially Transform Blockchain Development Like Ethereum Virtual Machine2025-08-05 11:43:30
- Lancashire Police May Retain Surplus Bitcoin After Victim Compensation Under UK Law2025-08-05 11:43:10