Saad Ullah
Shiba Inu (SHIB) just saw some serious whale action on June 5th, with a massive 24.3 trillion tokens changing hands - the biggest single-day movement we've seen in six months, and it's got everyone wondering what's coming next.
SHIB Whales Are Making Moves: 24.3 Trillion Tokens on the Go
Something big just happened with Shiba Inu, and it's not what you'd expect. While everyone's been watching the price bounce around $0.000012, the real action was happening behind the scenes. On June 5, 2025, SHIB whales went absolutely nuts, moving 24.3 trillion tokens in a single day - that's the biggest whale party we've seen since December.
Here's the thing that's got crypto watchers buzzing: IntoTheBlock's data shows 522 massive transactions went down that day. We're not talking about regular folks buying their weekly SHIB stash here. This is institutional money - the kind of players who don't sneeze without a reason. When whales start moving this much crypto around, they're usually getting ready for something big.
The crazy part? All this happened while SHIB's price was just chilling around $0.000012. That tells us these big players aren't reacting to price movements - they're positioning for what they think is coming next. And when smart money starts repositioning 24 trillion tokens, the rest of us better pay attention.
SHIB's Chart Tells an Interesting Story Right Now
Let's talk about what SHIB's price is actually doing while all this whale drama unfolds. The token is hanging out above $0.000012, which has been a pretty solid floor for SHIB in the past. But here's where it gets tricky - SHIB recently took a hit and dropped below $0.0000134, which used to be a key support level.
The bigger picture doesn't look super pretty right now. SHIB is stuck below both its 100-day and 200-day moving averages, which basically means the bears have been running the show lately. But before you get too bummed out, there are some interesting signals brewing.
The RSI (that's the thing that tells us if something's oversold or overbought) is sitting around 39, which is getting close to oversold territory. Plus, we're seeing some volume pick up, which could mean buyers are starting to get interested again. Sometimes the best moves happen when things look their worst.
What This Whale Movement Really Means for SHIB
When 24 trillion SHIB tokens move in one day, that's not just trading - that's repositioning on a massive scale. Think about it: these whales could be doing one of two things. Either they're loading up because they think SHIB's about to rocket (accumulation), or they're getting ready to dump their bags (distribution). The million-dollar question is which one it is.
History tells us that when whales make moves this big, prices usually follow. The smart money doesn't just throw around trillions of tokens for fun. They've got inside knowledge, better analysis, or they're seeing something the rest of us are missing.
For anyone watching SHIB right now, here are the levels that matter: If SHIB can punch through $0.0000138, we could see it run toward $0.0000156 pretty quickly. That would be a solid win from current levels and might bring in more buyers who've been sitting on the sidelines.
But if $0.000012 can't hold - and that's the big if - we're probably looking at a trip down to $0.000010. That's a psychological level that could trigger some panic selling, especially from people who are leveraged up.
The bottom line? SHIB might look quiet on the surface, but underneath, the whales are making serious moves. Whether this whale activity leads to a major pump or sets us up for a bigger drop is anyone's guess right now. But one thing's for sure - when this much money starts moving around, something's about to happen. The next few weeks should be pretty interesting for anyone holding SHIB.
Saad Ullah
