- A dormant whale moved 100B SHIB to Binance as large transactions surged and retail interest declined, signaling potential distribution.
- SHIB hovers near key support at $0.00001225, and a drop below $0.00001028 could trigger a sharper decline.
SHIB Dances on Support as Smart Money Exits and Retail Interest Fades
Shiba Inu (SHIB) is teetering at a critical juncture as whale activity surges and bearish sentiment deepens. The memecoin is hovering around its demand zone at $0.00001225, while signs point to potential downside risks if this level fails.
A dormant whale recently transferred 100.45 billion SHIB (worth $1.21 million) to Binance, coinciding with a larger transfer of over 3.6 trillion SHIB ($43.6 million) to Coinbase Institutional. These large moves, particularly from inactive wallets, often signal distribution tops or sentiment shifts—suggesting that smart money may be exiting as retail interest wanes.
Also read: FARTCOIN Takes Off Amid Coinbase Listing Buzz — What’s Next for This Memecoin?
Retail Retreat and Whale Dominance
Data from IntoTheBlock shows a sharp 1,600% surge in high-value SHIB transfers ($100K–$1M), while small transactions under $10 dropped by 12%. This lopsided activity indicates whales are on the move while retail traders step back, increasing the risk of volatile moves if liquidity dries up.
At the same time, SHIB’s Exchange Reserve dropped 4.11% to $1.076 billion, reducing immediate sell pressure on exchanges. However, this could either reflect tokens moving to cold storage or prior selloffs, muddying its bullish implications.
Bearish Indicators and Leverage Drain
Funding rates turned negative at -0.0036%, showing that traders are paying to hold short positions—a bearish signal. Yet, liquidation data reveals a lack of aggressive leveraged trades, with minimal forced exits on both sides. This suggests that neither a short nor long squeeze is imminent, reducing the chance of a dramatic near-term price move.
Will SHIB Hold or Crack?
Technically, SHIB sits just above a vital support at $0.00001028, a level aligning with the 1.0 Fibonacci retracement. The Stochastic RSI is oversold, hinting at a possible relief bounce. But if this zone collapses, the next key level lies near $0.00000573—marking the 1.618 Fib extension.
Critical Moment for SHIB
Shiba Inu faces a make-or-break moment. The combination of whale exits, negative funding rates, and fading retail support leans bearish. Still, oversold signals and a historically strong demand zone offer hope for a temporary rebound.
The next few sessions will determine whether SHIB can hold its ground—or if the meme coin’s support fractures under pressure
