Shiba Inu: Early Whale Offloads 600B SHIB

Shiba Inu top holder who acquired 103 trillion tokens for just 37.8 ETH in 2020 moved another 600 billion SHIB worth $3.09 million today.

The address still controls 93.27 trillion tokens valued at $478 million after realizing $66.6 million from earlier sales at an average $0.0000066. At the 2021 peak that original stack reached a paper value of $9.1 billion.

SHIB price prediction models now face fresh supply pressure from this long-term holder who has steadily trimmed since the cycle top. Technical confluence on the 4h chart shows price trading inside the Bollinger Bands with EMA50 and EMA200 both sitting at $0.0 as firm support zones while MACD registers a bullish golden cross at -0.0 and RSI holds neutral at 52.9, suggesting any near-term test of upper band resistance at $0.0 could stall before a measured pullback to the 50-EMA.