- Shiba Inu Whale -recordings of Coinbase Spark -speculation of a possible bullish trend
- Shib’s technical means showed fragile momentum, which indicates caution in the midst of the growing market interest
The market has been creepy lately, with Shiba Inu [SHIB] Despite the recent chaos are stuck in a tight reach. It has been a week since the greatest liquidation event in the history of digital assets and Shib remains largely unmoved.
Is this the silence for a storm, or is there a little more lurking below the surface of the muted price action of this memecoin?
Shib: A mysterious whale with mass withdrawals is created
Source: Arkham Intelligence
Recent data reveals an intriguing development. In the past five days, an unknown wallet, linked to the address “0xb7e09”, has withdrew almost 151.61 billion Shib from Coinbase.
This amazing amount of memecoins, with a value of approximately $ 2.41 million at today’s prices, has attracted the attention of market guards.
An enigmatic wallet without history
What makes this situation even more fascinating is the mystery around the wallet itself. The address does not show a previous history with Shiba Inu -Tokens, who raise questions about the identity of the investor behind these big recordings.
Each transaction was initiated from the address of Coinbase, which suggests that the funds may be linked to the exchange itself. If this is the case, the activity can simply reflect routine internal operations.
If that is not the case, the market could witness the early stages of a huge shib accumulation by a large investor.
One of the greatest Shib outflows in recent history
The size of these recordings has been so important that this wallet has now become one of the largest sources of Shiba Inu, flows from fairs in the last 24 hours.
Although it is still unclear where this activity will lead, one thing is certain: the intentions of this mysterious whale are becoming clearer and they seem to be on the bullish side.
What this means for the future of Shib, only time will learn.
Shib: price views
Shib shows early signs of a potential reversal after weeks of decline, but the momentum remains vulnerable. At the time of the press, Shib was acting at $ 0.00001624, an increase of 2.72% in the last 24 hours.
However, the RSI was at 39.96, indicating that it is still active on Bearish territory but leaves over -selling circumstances.
If RSI trends above 40, this can indicate a growing purchasing pressure.
Source: TradingView
The OBV remains modest despite recent price movements, which suggests a lack of strong accumulation. The most important resistance of Shib is near $ 0.00001750, a level that must be violated for long -term recovery.
An absence to break above this level can lead to further consolidation or a retest of the $ 0.000015 support zone.
While recent whale accumulation refers to bullish sentiment, the technical technical of Shib suggests a careful view. A decisive closure over resistance with increasing volume can feed a short -term rally.
Realistic or not, here is the market capitalization of Shib in the conditions of BTC
For now, however, the Memecoin stays in a delicate phase in which traders should pay attention to mounting signals before they expect a strong outbreak.
