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Home»Altcoins»The price of shib drops by 5% while the dormant whale is profitable, what is the next step for Shiba Inu?
Altcoins

The price of shib drops by 5% while the dormant whale is profitable, what is the next step for Shiba Inu?

June 8, 2025No Comments5 Mins Read
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Key notes

  • Shib fell to a support area of ​​$ 0.000012, losing a value of 4.5% in the last day.
  • A major whale was released after three years, moving 100.45 billion priests to Binance.
  • Whale gains were $ 311,000, which is much lower than its $ 2.7 million peak in unpaid profits.

Shiba Inu

Salogner
$ 0.000013



24h volatility:
1.2%


COURTIC CAPESSION:
$ 7.44 B



Flight. 24 hours:
$ 98.56 million

One of the best coins, slipped to a crucial support area of ​​$ 0.0000,12 after losing more than 4.5% in the past 24 hours.

This drop in prices occurs while the major whale cashed its assets after three years of dormancy. Lookonchain reports that the 0x6e45 portfolio transferred 100.45 billion sinks worth 1.21 million dollars in Binance.


Whale 0x6e45 deposited 100.45b $ Shib($ 1.21 million) in #Binance 6 hours ago after being dormant for 3 years, which achieves a profit of ~ $ 311,000 (the profit exceeded $ 2.7 million at the top). pic.twitter.com/jzfywqdpca

– Lookonchain (@lookonchain) June 6, 2025

The whale has made a profit made of around $ 311,000 on this sale. In particular, its unrealized earnings reached a summit over $ 2.7 million.

The sharp decline occurs in the middle of a larger slowdown in the market, which saw memes parts collectively disturbing 5.5% compared to their total market value in the last day. The market capitalization of Shib alone fell by more than $ 300 million during the same period.

Shib price prices

Despite the recent crypto market rally, which saw Bitcoin touch a new summit of $ 112,000, SHIB has been late in performance. Coinmarketcap data reveal that SHIB is down approximately 5% in the last month and 51% drugs in the past year.

On daily graphicShib is currently embraced the lower Bollinger strip, suggesting surveillance conditions and the possibility of a short -term rebound. However, the bands still widen slightly, signaling continuous volatility.

Shib price board with RSI and Bollinger bands | Source: tradingView

The RSI is seated at 36.6, also confirming that Shib was close to the territory of occurrence. A new drop in RSI reading would strongly suggest a reversal, but until then, the trend remains vulnerable to the decline.

Ventilation lower than the support level of $ 0.0000,12 could lead to $ 0.0000105, or even $ 0.00,0009. Popular cryptocurrency crypto chiefs said if Shib is above this level and sees a medium -term reversalThe immediate liquidity target will be $ 0,0000,16.

$ Shib In an essential maintenance area here.

If we hold and see an inversion in the medium term, I will use these red lines as targets of liquidity level. pic.twitter.com/qaouioCtaf

– Crypto chiefs (@Cryptochiefss) June 5, 2025

Meanwhile, the MacD indicator shows a lower crossroads with the MacD line slightly below the signal line. Histogram bars increase in red, suggesting a continuation of the current decrease trend unless a strong bullish volume enters the market.

Shib price board with MacD | Source: tradingView

🔥Subbd: revolutionize content subscriptions with AI

While Shib continues to test the feeling of investors, a new generation web3 project, SubB, draws the interest of investors. SUBBD aims to transform the content economy of $ 85 billion by offering a tokenized platform fed by AI for creators and their audience.

Thanks to its web3 integration, SubBD provides creators with automation tools to simplify content delivery, while fans get exclusive interactive access.

Tokenomics and under-STOP $

The native token of the project, Subbd, is a cryptocurrency based on Ethereum which feeds the platform by providing premium content, by stimulating rewards and public services focused on AI.

SubBD holders can reach tokens to unlock the advantages As a behind -the -scenes content, directly private and premium drops. The platform managed to collect $ 465,670 and the price of the token should increase in just a few hours.

Instant of the presale:

  • Current price: $ 0.0556
  • Amount collected: $ 615,367
  • Teleprinter: Subbd
  • Blockchain: Ethereum

With only two remaining days before the next price increase, Subbd is a project that deserves to be monitored, in particular for those interested in the innovations led by AI.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but must not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Shiba Inu (Shib) News, Altcoin News, cryptocurrency, News

PARTH DUBEY

Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

Parth Dubey on LinkedIn

Julia Sakovich

Julia Sakovich on x





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