Shiba Inu Whale: Transfers $4.91M SHIB | Flash News Detail | Blockchain.News
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4/30/2026 12:32:00 AM

Shiba Inu Whale: Transfers $4.91M SHIB

Shiba Inu Whale: Transfers $4.91M SHIB

Shiba Inu whale moves 800 billion SHIB worth $4.91M to Coinmena exchange, holding 95.42 trillion tokens from 2020 buy at $13.7K.

Source

Analysis

A legendary Shiba Inu whale, who scooped up 103 trillion SHIB tokens in 2020 with just 37.8 ETH valued at $13.7K—representing 17.4% of the total supply—transferred 800 billion SHIB worth $4.91 million to the Coinmena exchange over the past day. This investor peaked at a $91 billion valuation during the 2021 SHIB rally but has sold off only a fraction, still gripping 95.42 trillion tokens amid ongoing SHIB whale activity that echoes major crypto whale transfers in the market. Historical data shows SHIB's price surged dramatically from obscurity, drawing massive attention, while current holders dominate supply distribution with top whales controlling significant portions.

On the 4-hour chart, SHIB maintains a bullish trend structure as price hovers at $0.0, firmly above the EMA50 at $0.0 and EMA200 at $0.0, acting as rock-solid long-term supports that reinforce upward momentum. RSI at 50.95 sits neutral, avoiding overbought extremes, while MACD flashes a bullish golden cross at 0.0, signaling sustained buying pressure. Volatility squeezes inside the Bollinger Bands, with upper resistance at $0.0 capping short-term exhaustion and lower support at $0.0 providing a bounce zone—expect confluence here to drive a quick test of highs before any pullback, mirroring patterns in Bitcoin (BTC) rallies and offering a solid SHIB price prediction for continuation amid broader crypto market trends.


余烬

@EmberCN

Analyst about On-chain Analysis