Shiba Inu Whales Holding Back SHIB Price? Glassnode Analysis Reveals Correlation 

Is Shiba Inu truly struggling, or are we witnessing a strategic lull before the next big move? Glassnode’s analysis linking SHIB’s price to early whale activity is compelling. However, does this correlation imply causation? Are these whales manipulating the market, or simply reacting to broader trends? This begs the question: how much influence do these early whales truly wield? If their inactivity continues, what does this mean for SHIB’s future? Could we see a significant price drop, or will the community find a way to drive organic growth? I predict that if these whales re-enter the market aggressively, we could see SHIB revisit its all-time high. Conversely, prolonged inactivity could signal a bearish trend, potentially pushing SHIB below its current support levels. What are your thoughts? Are we reading too much into whale activity, or is this the key to understanding SHIB’s trajectory? Let the discussion begin.