SHIB Left Behind as Meme Coins Soar—Whales Cash Out While the Party Rages On
While meme coins surge across the board, SHIB sits on the sidelines—whales are quietly dumping their holdings. Is this the calm before another storm, or just another case of 'buy the rumor, sell the news' in crypto's never-ending circus?
Whales Trim SHIB Holdings as Market Frenzy Ignores the OG Meme Coin
The meme coin rally of 2025 has left SHIB in the dust. While newer tokens pump on hype alone, SHIB's big players are cutting their positions—classic 'smart money' moves before retail catches on. No hard numbers? Typical crypto 'transparency.'
SHIB's Underperformance: A Warning Sign or Just Crypto Being Crypto?
Once the poster child of meme mania, SHIB now watches from the bench as its flashier cousins steal the spotlight. Maybe it's the lack of a fresh narrative, or maybe whales know something the rest of us don't (like how to actually make money in this market). Either way, the 'community-driven' token looks suspiciously like a whale-controlled exit scam—but hey, that's decentralized finance for you.
Shiba Inu Loses Steam as Key Investors Reduce Holdings
According to IntoTheBlock, SHIB has noted a 150% dip in its large holders’ netflow over the past week, signalling a pullback from key investors.
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Large holders are whale addresses holding more than 1% of an asset’s circulating supply. Their netflow tracks the difference between the coins they buy and the amount they sell over a specific period.
When an asset’s large holders’ netflow increases, more of its tokens or coins are flowing into whale wallets than are flowing out. This trend indicates that these holders are accumulating the asset, signaling confidence in its future value.
On the other hand, when it falls, whales are selling more of the asset, leading to a net outflow from their wallets. This signals reduced confidence in SHIB’s near-term performance and puts downward pressure on the asset’s price.
Further, the lackluster price performance has triggered inactivity from SHIB’s futures traders, pushing its open interest to a 30-day low. Per Coinglass, SHIB’s futures open interest is $158 million, falling 15% in the past seven days.
Open interest measures the total number of outstanding futures or options contracts for an asset that have not yet been settled. When open interest falls, traders are closing positions without opening new ones, signaling reduced market participation.
Falling open interest during a period of muted price performance for SHIB indicates fading market interest and a weakening conviction in the meme coin’s near-term trajectory.
Will Buyers Step In Before Decline to $0.00001295?
Readings from the SHIB/USD daily chart show the meme coin resting below its Super Trend Indicator, which currently forms dynamic support at $0.00001446.
This indicator tracks the direction and strength of an asset’s price trend. It is displayed as a line on the price chart, changing color to signify the trend: green for an uptrend and red for a downtrend.
When an asset’s price trades below its Super Trend indicator, selling pressure dominates the market. If this continues, SHIB could break below its narrow pattern and fall under $0.00001295.
On the other hand, if new demand resurfaces, it could drive a rebound toward $0.00001385.