SHIB giant whale suddenly moves? If this momentum stabilizes, another wave may come!🐳🔥
#shibaInu In recent days, there has been the strongest wave of giant whale transactions since June 6, with over $100,000 large transfers surging to 406 transactions, and the exchange has net inflowed 1.06 trillion SHIB. This situation doesn't seem casual; it looks more like the big players are rebalancing their positions.
More critically, #SHIB successfully backtested after breaking the descending wedge, with the price consistently holding around $0.00000883. The MACD is slightly rising, and the structure has not been broken, indicating that buyer sentiment is still quite stable.
Meanwhile, Taker Buy CVD has leaned towards buyers for 90 consecutive days, with whales accumulating and placing orders at dips becoming increasingly unified. On top of that, the 24-hour burn rate has surged by 1244%, and supply pressure is noticeably decreasing.
The funding rate has also turned positive, and the sentiment between spot and derivatives is aligned—simply put: bulls are not panicking, but rather feeling bolder.
👉 In summary: If buyers continue to hold the backtest range, this structure of SHIB really has a chance to keep moving upwards. The market is just waiting for a "confirmation signal".📈✨
