Shiba Inu It has reached a pivotal point in its history as high market activity has changed the terrain of the well-known meme coin. A set of investor dynamics that could shape SHIB's price trajectory in the coming days has been revealed through close examination of on-chain data. A significant change among SHIB holders is seen through Data.

Larger wallets contain more than 77 trillion Gray It appears that tokens are being moved or consolidated into smaller addresses. Large players may be reducing their exposures as evidenced by the 20% decline in portfolios containing between 1 trillion and 10 trillion chips. The number of smaller addresses of 1 billion to 10 billion SHIBs has increased by about 9% in the same time.

Although whales appear to be declining, this redistribution suggests that individual investors are becoming more interested. Only 17.61% of active addresses are currently in the money, according to profitability metrics, while 75.17% are out of the money. This indicates that there may be selling pressure as many investors are still in the red and may try to sell if prices continue to fall. While struggling to overcome the $0.00002550 resistance level, Gray It is trading at $0.00002413 on the daily price chart.

An important trend indicator for traders, the 50 EMA is in line with this crucial barrier. SHIB may test higher levels around $0.00002800 if there is a clear break above this level. But trading volume is still low, indicating there is not much buying pressure. The RSI indicates a neutral market situation as it hovers near 51.

The next support level is $0.00002080. If SHIB cannot hold it, the current support level near it is $0.00002250. The SHIB market is at a turning point as small investors replace whales who are reducing their holdings. Although the reallocation of holdings indicates a change in sentiment, there is not enough volume to support a meaningful rise in prices. Breaking the key resistance at $0.00002550 is essential to restore momentum for SHIB. Until then, traders should be careful when dealing with these unregulated assets.

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