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Shiba Inu Price Drops as Whales Sell 18 Billion Coins

Shiba Inu Price Drops as Whales Sell 18 Billion Coins

Coinlineup2025/05/23 03:24
By:Coinlineup
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’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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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