Background

Shiba Inu Price Drops as Whales Sell 18 Billion Coins

Article arrow_drop_down
shiba inu price drop large dump
Key Points:

  • Whale activity causes major Shiba Inu price drop.
  • Significant sell-off impacts market position.
  • Potential recovery linked to market dynamics.

shiba-inu-price-decline-due-to-large-holder-dump
Shiba Inu Price Decline Due to Large Holder Dump

Shiba Inu’s price experienced a sharp decline after large holders disposed of 18 billion coins starting January 19, 2025.

Shiba Inu’s price drop underscores significant whale activity amid a general crypto bull run, drawing investor attention to market dynamics and potential recovery.

Impact of Whale Selling Activities

Shiba Inu has been significantly affected by substantial whale selling activities, with 18 billion SHIB coins sold since January 19, 2025. This sell-off coincides with a particularly bearish trend for the cryptocurrency, affecting its overall market performance.

Notable addresses holding between 10 million and 100 million tokens have seen reductions, with total holdings now at 9.36 trillion SHIB, down from January 2025 figures. Such adjustments signal significant shifts in investor strategy.

According to the analysis, “a sharp decline in whale holdings often leads to a rebound, as some investors begin buying the dip.” – Crypto News, source

This mass sell-off has led to a nearly 20% price decrease from Shiba Inu’s annual high, trading at $0.00001456 as of May 20, 2025. Analysts have noted changes in investor behavior, indicating a cautious market. “The sell-off appears to have accelerated recently, with evidence of significant liquidations happening in the 24 hours prior to May 22, 2025.” – Binance

The reduction in whale holdings and the subsequent price drop might attract buyers to the market. Historical data suggests possible price recovery patterns following large-scale sell-offs, although the timeline is uncertain.

Analysts consider the improving Shibarium ecosystem and the potential impact of related cryptocurrencies as factors that could influence Shiba Inu’s prospective recovery. Investors monitor these developments closely for indications of turnaround.

About the author

Related

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex – All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Login

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation