Shiba Inu (SHIB) whales appear to be making a quiet exit. While the token has had its moments this year, such as brief rallies, minor exchange wins and a few meme-worthy spikes, on-chain data over the past two weeks tells a different story. A significant portion of large wallets holding SHIB have been moving funds to stablecoins and rotating into new, low-cap altcoins.
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SHIB Whales Exit Positions After Billions Flow Into This Fast-Rising Altcoin That's Gaining Xs by the Hour
Shiba Inu (SHIB) whales appear to be making a quiet exit. While the token has had its moments this year, such as brief rallies, minor exchange wins and a few meme-worthy spikes, on-chain data over the past two weeks tells a different story. A significant portion of large wallets holding SHIB have been moving funds to stablecoins and rotating into new, low-cap altcoins.