Behind SHIB's 13% surge: whale concentration skyrockets, can it break through key levels in February?

robot
Abstract generation in progress

【Crypto World】SHIB suddenly surged on Sunday, with a single-day increase of 13%, breaking the previous dull sideways trading period. Funds are clearly flowing into the meme coin sector, and market sentiment is also warming up.

On-chain data shows that the top ten wallet addresses have already accumulated a total of 63% of the supply, indicating a significant whale concentration. What does this highly concentrated holding structure imply? Once these large holders take action, it could trigger a chain reaction.

Based on the current market progress, if this upward momentum can be maintained, SHIB is expected to surge to $0.00001079 in early February, roughly 16% higher than the current price. The question is whether it can withstand the pullback pressure—whether this level can become a new support point depends largely on the subsequent market liquidity.

SHIB-0,96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
GreenCandleCollectorvip
· 9h ago
Whales hold 63% of the chips. This is going to be interesting; retail investors are just waiting to be harvested.
View OriginalReply0
LongTermDreamervip
· 01-09 02:11
Whale's 63% of the chips, can't hold on to this wave? Haven't you learned enough from the lesson three years ago?
View OriginalReply0
BTCRetirementFundvip
· 01-07 22:40
Whales are hoarding 63%? That's an outrageous proportion. One sudden drop and we're done.
View OriginalReply0
Degentlemanvip
· 01-07 00:29
Whale holds 63% of the chips, is this an opportunity for us to short?
View OriginalReply0
TheMemefathervip
· 01-07 00:29
Whale 63%? Basically, it's a game of big players cutting the leeks, and retail investors are just along for the ride. --- A 13% increase looks satisfying, but this concentration is really frightening... one sell-off and it's over. --- Is 0.00001079 a dream or a pie in the sky? It depends on what the whales are thinking. --- It's another meme coin hype; I've seen this routine too many times. --- Liquidity is the key; without subsequent support, it's just a flash in the pan. --- The top ten hold 63%, isn't this just waiting to cut people's gains? --- Trying to hit this level in February? It depends on how the whale brothers are feeling. --- Breaking the sideways trading phase is just the beginning; the real test is whether it can stabilize afterward. --- That's how meme coins work—price swings depend entirely on emotions and what the big players say. --- A 16% growth potential sounds significant, but the risks are not small either.
View OriginalReply0
Frontrunnervip
· 01-07 00:26
Whales hold 63% of the chips, this is definitely a ticking time bomb.
View OriginalReply0
PensionDestroyervip
· 01-07 00:18
Whales hoarding 63%? Once these big players start selling, it's game over. Wait, is SHIB really rising this time or is it just the funds playing around? Only 13% and you're excited... Dare to push to 0.00001079, and I’ll bet it gets cut in half.
View OriginalReply0
TokenTaxonomistvip
· 01-07 00:09
63% concentration in top 10 addresses? lol, that's not a feature, that's literally a structural vulnerability. data suggests this is just another pump waiting for the inevitable dump cycle—memecoin phylogenetics at their finest.
Reply0
ser_ngmivip
· 01-07 00:07
Whales are hoarding 63%. Isn't that bad news? If they all run away together, we're doomed.
View OriginalReply0
GasFeeTearsvip
· 01-07 00:02
It's a bit scary how concentrated the whales are, 63%... If they dump the market, we're doomed.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)