Shiba Inu (SHIB) is exhibiting alarming market weakness as whale-tier transactions for transfers valued between $1 million and $10 million have plunged to zero, reflecting a complete withdrawal of major investors.
This unprecedented 100% decline in high-value transactions coincides with SHIB trading below its 50-day Exponential Moving Average, underscoring deteriorating market sentiment and fading trading volume.
While smaller transaction tiers recorded minor increases of 31.28% and 30.77%, these marginal gains are vastly insufficient to counterbalance the absence of whale participation.
The evaporation of large-scale activity indicates significantly diminished speculative interest – historically vital for SHIB’s hype-driven price rallies.
Market analysts warn that without renewed institutional engagement, SHIB faces structural vulnerability with limited prospects for a substantive recovery.