Shiba Inu Whale Alert: 200 Billion SHIB Dumped on Coinbase – Is $0 the Next Stop?

A seismic shift rattles Shiba Inu markets as a whale unloads 200 billion SHIB on Coinbase. The move sparks panic—and questions—about the meme coin’s future.

Whale Watching Turns Sour

Once the darling of degenerate gamblers—sorry, 'retail investors'—SHIB now faces a brutal reality check. The massive sell-off triggers flashbacks to 2021’s pump-and-dump cycles, but with fewer diamond hands and more exit liquidity.

Coinbase Becomes Ground Zero

The exchange’s order books absorb the equivalent of a small country’s GDP in dog-themed tokens. Market makers scramble as liquidity pools drain faster than a crypto bro’s savings account during a bear market.

The $0 Question

Technical charts scream 'death spiral,' while true believers cite 'community strength.' Meanwhile, leverage traders get rekt on both sides—because nothing unites crypto like collective financial trauma.

Final Thought: In a market where 'fundamentals' mean watching Elon’s Twitter feed, maybe SHIB’s true value was the friends we lost along the way.

Two days ago, that same wallet dumped its entire stake in this cryptocurrency and may have turned a $200,000 profit.

The timing for this dump is interesting as shiba inu is approaching its 200-day exponential moving average (EMA), a technical indicator that tends to signal the trajectory of an asset’s long-term trend.

Did this whale receive a sell signal in its trading interface that triggered the sudden closing of such a large position?

Shiba Inu Price Prediction: SHIB’s Price Action Favors a Bullish Outlook Despite Bearish Whale Activity

Although this whale’s big sale may be considered a reason to hold a bearish Shiba Inu price prediction, the latest price action indicates otherwise.

SHIB seems set to retest the trend line resistance of a descending price channel that has been forming for months.

If we get a bullish breakout within the next few days, which seems to be the case based on how the token has been performing lately, SHIB could MOVE to $0.00004567 first and then deliver huge gains exceeding 1,000% after a brief retest of that key area from above.

In the past 7 days, the token has accumulated a 14.3% advance. Meanwhile, trading volumes have increased by 36% in the past 24 hours despite this whale activity.

The Relative Strength Index (RSI) has jumped above the mid-line, favoring a bullish outlook, and we could expect a move above $0.00001600 shortly to confirm SHIB’s trajectory toward making a higher high.

It is highly unlikely the Shiba Inu’s market cap will drop to $0 despite this recent sale. The latest price action indicates that the token’s trajectory continues to be upward and market conditions favor this positive outlook as well.

Meme coins could deliver the biggest gains during this cycle as tokens like Pudgy Penguins (PENGU) seem poised to get their own exchange-traded fund (ETF). The best crypto presales in this sector like Token6900 (T6900) could outperform the rest as investors’ appetite for risk grows.

Token6900 (T6900) Presale Nears $2M Raised as Its 2000s Nostalgia Draws Significant Interest

Token6900 (T6900) is everything that meme coins should be. A community-centered project fueled by pure ‘vibe liquidity’ and an eager desire to break the cycle.

Since the project was launched a couple of months ago, investors have poured over $1.9 million into it as it embodies the rallying cry of an entire generation.

T6900 is what happens when you stare at crypto charts for too long. It is the answer to existential questions that you didn’t know you had. It is the intersection between reality and fantasy.

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