- ShibaInu faces selling pressure as the number of trillionaire holders drops to 49, raising concerns about market stability.
- ShibaInu sees increased retail accumulation, but whale sell-offs continue to weigh on its price recovery.
ShibaInu (SHIB) is facing a major shift. The number of wallets holding over a trillion SHIB has dropped drastically. Currently, only 49 addresses hold such massive amounts. This sharp decline signals that large investors, or whales, are either selling off their holdings or redistributing them.
This drop raises concerns about SHIB’s market stability. Whales often influence price trends. When they sell, it can trigger panic among smaller investors, leading to more selling pressure.
Market Structure Is Changing
On-chain data shows that large wallets now control only 15.76% of SHIB’s total supply. While this suggests greater decentralization, it also raises questions about liquidity and price stability.
Interestingly, while whale holdings shrink, retail investors are stepping in. The number of wallets holding between $1 and $10 worth of SHIB has surged by 26%. However, mid-tier holders with balances between $1,000 and $100,000 are declining. This shift suggests that smaller investors are accumulating while wealthier holders exit.
Bearish Pressure Continues
SHIB’s price remains weak. It struggles to break key resistance levels, and the loss of large holders makes a bullish recovery harder. Even though retail demand is growing, it may not be enough to counteract the selling pressure from former trillionaire holders.
If this trend continues, ShibaInu could face increased volatility. Smaller investors may struggle to withstand major sell-offs. However, if new whales enter the market or existing holders start accumulating again, SHIB could stabilize and recover.
ShibaInu :What’s Next?
SHIB holders should watch the market closely. If large investors keep selling, more downside could be ahead. But if strong buying momentum emerges, SHIB could regain its footing. For now, the disappearance of SHIB trillionaires remains a worrying sign for the token’s future.
