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Is Shiba Inu’s Fate Sealed? 43.8 Trillion SHIB Holds The Key!

BBG News

Well, well, well—look who’s making waves in the dog-eat-dog world of meme coins! It seems Shiba Inu (SHIB) has discovered a rather cozy little support level, one that could just be the very thing to save—or doom—it. According to the ever-reliable folks at IntoTheBlock, a whopping 43.8 trillion SHIB from 222,450 addresses was scooped up at a tantalizingly precise price of $0.000011. Quite the thrilling purchase price, I must say.

Hold your breath, SHIB holders! It’s looking a bit “red” in here…

Now, let’s get to the juicy part. According to the oracle of CoinMarketCap, Shiba Inu is trading at $0.00001153. That’s 0.00053 cents from that sweet sweet acquisition price. So close, yet so far. And the crowd goes wild—well, they would, if they weren’t watching their wallets with that look of pure existential dread.

Now, brace yourselves: if SHIB decides to play the downward spiral game, those 222,450 addresses might just start frantically hitting the “sell” button. I mean, who can blame them? Nobody wants to hold a bag of loss when the market’s waving goodbye.

But it’s not all doom and gloom—oh no. The plot thickens. Only 10%—or a mere 8.04 trillion SHIB, worth a sassy $1.13 billion—are currently “In the Money.” How delightful. The rest? Well, the remaining 90% are on the “Out of the Money” train, currently on track for a potential sell-off apocalypse. But who’s counting?

One more dip in price, and it could be game over, folks. A massive sell-off could very well be the next big headline in the SHIB drama. Stay tuned for the sequel!

Can Whale Inflows Save the Day?

But wait—could a sea of whales save us? Well, that’s what we’re all wondering. The market’s been quieter than a mouse in a library lately, with whale transactions dropping by an impressive 88%. Perhaps, just perhaps, a well-timed whale frenzy might send the SHIB price spiraling back up again, like a plot twist in your favourite soap opera.

It turns out, there was a little spark of excitement: U.Today has reported a jaw-dropping 6,306% spike in whale inflows. That’s the highest in six months! Could the whales be returning to their feeding grounds? If they do, and if the burn rate gets a little sizzle in its step, we might just see SHIB go from “woof” to “wow” once more.

So, folks, hold on to your wallets, because the next few days could be a thrilling ride—or a truly spectacular disaster. Who can say?

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2025-06-19 19:04

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