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SHIB Whiplash: Memecoin Surges Then Crashes as Whales Dump Holdings

SHIB Whiplash: Memecoin Surges Then Crashes as Whales Dump Holdings

Author:
CoindeskEN
Published:
2025-05-21 08:35:04
18
2

SHIB Spikes Then Reverses Sharply as Whale Activity Turns Bearish

SHIB’s rollercoaster ride continues—another pump-and-dump orchestrated by the usual suspects. Retail traders left holding the bag? Shocking.

Whale watchers spotted massive sell-offs just as the token spiked, triggering a brutal reversal. The ’people’s crypto’ still dances to the tune of a few deep-pocketed players.

Another day, another reminder that memecoins run on vibes and vapor. At least the volatility keeps crypto ’analysts’ employed.

|Square

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