Shiba Inu whale activity collapses 66% – $0.000014 on the line

• Large Shiba Inu transactions dropped by 66.15%in 48 hours, hitting a 2 -week low whale activity.
• If Shib is unable to close above $ 0.00001478, it could move further to $ 0.00001387.

In the last three days, Shiba inu [SHIB] He experienced a significant decline in his whale activity. The correction of the market seems to have taken a step back and their participation in the market has declined significantly.

Whale transaction immerses on 2 weeks

In fact, large Shib transactions dropped from 195 to 66 in just 48 hours – 66.15% collapse.

This is the lowest figure in two weeks. Naturally, such steep signals of the decline that whales are retreating from the purchase and selling parties.

Looking at the drainage of the whale memecoin, it fell from 2.06 trillion to 221.6 billion. This means that whales sell less shib, which is usually perceived as a bull market signal.

The same formula has appeared in the influx of SHIBA Inu.

According to Intotheblock data, the purchase of whales has decreased significantly from 2.4 trillion to 271.9 billion. Both drain and tide decreased by more than 2 trillion, signaling a massive decrease in whale activity.

In short, the absence of beliefs is loud. Buyers are not sufficiently self -confident to enter while sellers seem to be unwilling to interpret at these levels.

For now, it seems that the whales are happy, that they are sitting on the siding.

The price drops when retail traders care

Given that the whales have taken a step back on the market, the demand for Shiba Inu also plunged. This decline negatively affected Shib’s price.

Since writing, Shib traded for $ 0.00001429, which is 5.65% in 24 hours. The Shib closed with lower minimums and immersed in his price charts for six consecutive days.

A recent decline suggests a change in sentiment on the market, while sellers are now taking control. As a result, spot activity, especially in retail merchants, is primarily focused on sale.

This observation is further supported by the latest bear crossover at Shiba Inu RSI.

On daily charts, RSI has crossed the bear territory and signaled the pressure of down because the sellers become dominant.

When RSI turns over, it signals higher sales pressure.

Delta volume red as dealers dominated

Sell sharp At 2.58 billion, while the purchase volume reached 2.43 billion, so the negative Delta -148.89 million. This is another nail in the short -term bull.

Shiba Inu is therefore experiencing strong pressure down because the market is dominated by a bear sentiment.

With whales and retailers, they show a bear, shiba inu risks further losses. If the predominant market conditions persist, the Shib may drop to $ 0.00001387.

To convert the trend, the buyer must return to the market to ensure a daily closure of over $ 0.00001478.