🚨 “Crypto Shocker: Shiba Inu Whales Dump $100M in 24 Hours – What’s Happening?” 9 Best Travel Insurance Companies of August 2025:
In a surprising move, major Shiba Inu (SHIB) holders — often called “whales” — have unloaded over $100 million worth of SHIB tokens in just 24 hours. According to the latest blockchain data, these huge wallets are shifting large amounts of SHIB, raising concerns about what’s going on behind the scenes. 9 Best Travel Insurance Companies of August 2025
Massive Whale Sell-Off
Popular on-chain analytics platform Lookonchain reported that five major whale wallets sold around 6 trillion SHIB tokens, worth roughly $102 million, within a single day. These tokens were offloaded through Coinbase Prime, the institutional platform of the crypto exchange Coinbase.
All five wallets were created just a month ago and had never moved any tokens before. The sudden and synchronized dump has raised eyebrows across the crypto community. Some believe it could be institutional investors quietly exiting the meme coin, while others think it might be an early sign of panic selling.
Was It a Smart Exit?
Despite the huge sell-off, the whales didn’t take a loss. They reportedly made about $6 million in profits, buying SHIB at lower levels and selling it after a 12% price pump in the last 24 hours. These movements have sparked speculation about whether this is just smart profit-taking or something bigger coming.
Interestingly, this wave of dumping comes shortly after Shiba Inu’s ecosystem token, LEASH, was listed on CoinW exchange, and when SHIB itself is gaining momentum. SHIB has been on an upswing, outperforming some major altcoins recently.
What’s Next for SHIB?
The big question now is: Will SHIB crash or bounce back stronger?
Even after the whale exits, SHIB is still trading actively with strong community support. While whale actions can sometimes trigger fear, the fact that they made a clean exit could mean less selling pressure ahead — or, it might just be the start of more volatility.
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