Shiba Inu Whale Controls 41% of Supply
Hold onto your hats, folks—there’s a Shiba Inu billionaire lurking in the depths, clutching over $5.43 billion in SHIB. It’s a massive concentration of power in one wallet, a real-life crypto monarch.
- Massive Concentration. One wallet, one giant stash of Shiba Inu tokens. It’s like having a monopoly on a Monopoly board, except with real money.
On-chain data from IntoTheBlock reveals that a single wallet holds a staggering 410 trillion SHIB, which accounts for a hefty 41.04% of the total circulating supply. This isn’t a wallet; it’s a fortress!
- Market Impact. You’d better believe this whale has a say in SHIB’s price. When it sneezes, the market catches a cold.
The Shiba Inu address distribution chart shows there are a total of 1.46 million active SHIB addresses. But guess what? One wallet is responsible for holding 410 trillion SHIB. Talk about standing out in a crowd.
- Community Size vs. Control. Sure, there are millions of addresses, but the real puppet master here is the one wallet that holds almost half the SHIB in existence. You could say it’s “playing God” with the supply.
This one wallet, with a shocking 41.04% of the supply, raises all sorts of questions about who’s behind this crypto windfall. Is it a crypto mogul, a corporation, or just someone with too much time and money?
XRP: Bullish Momentum Builds Amid ETF Speculation
XRP is about to make its big move—a “Golden Cross” that could flip the market on its head. Stay tuned, folks, because this could be a trendsetter.
- Golden Cross Alert. XRP’s 23-day moving average is about to cross above the 200-day moving average. It’s a rare occurrence, and when it happens, it’s like the crypto version of a full moon.
As of July 15, the 23-day moving average is inching ever so close to crossing above the 200-day. It hasn’t happened in months, so you might want to grab some popcorn and watch. If confirmed, this will signal a change in trend, and the market might be in for a rollercoaster ride.
- Price Resilience. XRP is hanging tough at $2.90, above all the key moving averages, like a seasoned boxer who won’t back down.
Last week, XRP touched $3.06 before retreating slightly. But no worries—the price is still holding strong, and the next crossover could set up a solid support base around $2.37. If you’re not paying attention, you might miss the boat!
- ETF Buzz. Rumor has it, a U.S.-based XRP ETF could be announced as early as July 18. Get your speculative hats on, folks, because the buzz is reaching fever pitch.
The XRP ETF talk is in the air, and the anticipation is making waves in the market. Though it’s unconfirmed, the timing of this potential announcement could play a crucial role in XRP’s next big move.
Enormous Satoshi-Era Bitcoin Whale Starts Selling
Something big is happening with Bitcoin, and it’s coming straight from the ancient depths of a Satoshi-era whale. The result? A jaw-dropping price drop.
- Intraday Low. Bitcoin took a nosedive to $116,218. It was like watching a rollercoaster plummet to the ground—but with less fun and more panic.
Earlier this Tuesday, Bitcoin plummeted after a dormant whale decided it was time to sell. The price briefly slipped below $117,000 before bouncing back a little. Still, it wasn’t pretty.
- Sell Trigger. This whale, holding over 80,000 BTC, started unloading coins, and suddenly, Bitcoin was on a diet. It dropped faster than you can say “market correction.”
According to Lookonchain, this OG whale transferred a whopping 9,000 BTC (roughly $1.06 billion) to Galaxy Digital. And it didn’t stop there—another 7,843 BTC found its way to the same destination, leaving a trail of chaos in its wake.
- Market Reaction. Traders freaked out, and one whale even decided to flip their position from long to short. Not exactly the kind of strategy you’d recommend at a family dinner.
Galaxy Digital is now busy moving these coins to major exchanges, with Binance and Bybit receiving about $236 million worth of Bitcoin. Meanwhile, the market is left reeling, trying to figure out what comes next. Is this the beginning of a sell-off, or just a temporary hiccup?
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2025-07-17 02:17