In the sultry grip of August, the SHIB cosmos trembled as wallets hoarding 0.1% of the supply guzzled 750 billion tokens in one fell swoop, a spectacle tracked by IntoTheBlock. Such gluttony, typically a prelude to bullish tempests near cycle lows, instead birthed a farce. The whales, it seems, had overestimated their own grandeur.
By the 4th, the deluge persisted-425.54 billion SHIB poured in, the price clinging to $0.000013 like a drunkard to a lamppost. Yet the tide, ever fickle, began to recede.
Days later, inflows dwindled to a paltry 115 billion tokens, a mere trickle compared to the earlier tsunami. But SHIB’s chart, once buoyant, plummeted like a soviet-era elevator-73% down from its lofty perch. The optimism of whales? Drowned in a sea of red.
The daily chart now depicts SHIB gasping for air, clinging to $0.0000129 as if it were the last loaf in a breadline. A stronger floor lurks at $0.00001107, though sellers seem determined to turn this into a modern-day famine.
To rise, the bulls must first storm the Bastille of $0.0000135, then siege the July high of $0.0000169. Victory? A fantasy for now.
Let us not forget: not all whale moves are heroic. Some are mere accountants shuffling tokens between corporate silos, or preparing deposits like a peasant saving rubles for a new blouse. Yet this particular whale spree? A fool’s errand, it seems.
SHIB’s inflow wave, rather than a prelude to glory, became a harbinger of chaos. Was it a miscalculation by the oligarchs, or a warning scrawled in the stars? Only time-and perhaps a stronger drink-will tell.
Read More
- US Crypto Regulators Finally Decide What They Actually Mean – Time to Buy?
- Tether’s Big Heist: $500B Valuation or Just a Stablecoin’s Wild Dream? 💸
- USD VND PREDICTION
- Silver Rate Forecast
- Gold Rate Forecast
- USD CNY PREDICTION
- EUR USD PREDICTION
- GBP MYR PREDICTION
- Brent Oil Forecast
- BNB PREDICTION. BNB cryptocurrency
2025-08-08 16:51