Whale-Size SHIB Surge: Is a Price Explosion Inevitable? 🤔

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You Won’t Believe What These Dumb Dogs Are Up To Now 🐕🔥

So, apparently, the big whales in the crypto pond just did a giant splash — a mind-blowing 522% jump in huge transactions for that cute dog coin, Shiba Inu (SHIB). Yep, over half a thousand percent! Someone’s getting herd instinct or maybe just chasing the hype train. According to on-chain data, the volume of major transactions—those that involve over $100K—hit a whopping 1.95 trillion SHIB, or about $25.83 million, in a single day. That’s right, a serious whale-size burger. 🐋

So what does this mean? Well, when whales start tossing money around like it’s Monopoly cash, either they’re buying like crazy or getting ready to dump their bags. Usually, whales do their shopping during markets that are just chilling or taking a nosedive. Think of it as the big fish snacking on the smaller ones — tasty and strategic. 🥪

Right now, SHIB is trying to do a little dance after a rough sell-off. After weeks of climbing, it’s caught in Bitcoin‘s shadow, nervously eyeing if it’s about to hit a ceiling or just take a breather. Some traders are clutching their stress balls, whispering, “Is this the end of the rise?”

But hey, whisper sweet nothings about ‘smart money’ making moves behind the scenes. This surge in whale activity? Might be the prelude to a fireworks show, if the stars align. Or maybe just another false alarm. Either way, it’s keeping everyone on their toes—and probably wasting a few hair strands. 🤷‍♂️

SHIB’s Price: Up or Just Posing?

As of now, SHIB’s up 3.35% in the past 24 hours—sitting pretty at $0.00001317 after bouncing from its May 31 low of $0.00001226. Good news, right? Well, don’t get too comfy just yet. A handful of cryptos are trying to keep their green coats after weekend chaos wiped out nearly a billion bucks in liquidations. Classic.

SHIB’s recent rebound hit a high of about $0.00001345, but then reality slapped it back, hitting resistance. To really shake things up, it needs to break above the tricky SMA 50 at $0.00001384—the line in the sand that kept a lid on things since late last year. Cross that, and the next target might be the SMA 200 at $0.00001769. Keep your fingers crossed! 😬

If the market throws a tantrum, support kicks in just below at $0.00001. So, in essence, it’s all a game of ‘will it or won’t it’—like waiting for your pizza delivery when you’re starving.

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2025-06-03 16:27