Crypto: 23,561 Billion SHIB Moved in 24H — Manipulation or Glitch?

A movement of 23,561 billion SHIB in 24 hours was reported by on-chain data, a figure so impressive that it raises questions. Technical error, manipulation or simple anomaly? Let’s dive into the analysis of the Shiba Inu phenomenon that intrigues the crypto community.

Crypto: 23,561 billion SHIB evaporated in 24 hours?

According to recent data, more than 23,561 billion SHIB were moved in a single day, an unprecedented volume for this crypto. This figure, equivalent to a significant part of the circulating supply, immediately attracted analysts’ attention. Yet, no clear explanation has emerged. 

On-chain analysis data usually show movements of a few billion SHIB, even at activity peaks. Here, the volume greatly exceeds observed averages, which leads to questions about its credibility. Could this be a tracking error or deliberate manipulation to influence the market?

How to understand the anomaly around Shiba Inu

To understand the anomaly around the 23 561 billion SHIB moved in 24H , market indicators must be analyzed. Indeed, the SHIB price remained stable, with no significant variation, which is unusual for a movement of this magnitude. Furthermore, trading volume did not increase, and reserves on crypto exchanges like Binance or Coinbase did not move.

Several hypotheses are proposed. First, an indexing bug, where the same transactions might have been counted multiple times. Then, crypto wallet consolidation, where large holders gather their funds without intention to sell. Finally, some mention manipulation to create uncertainty.

However, experts agree on one point: if such a volume had really been transferred, the market would have reacted. Yet, nothing like that happened. Exchange data shows normal activity, without a massive SHIB influx. This strengthens the idea of a technical error rather than a real event.

Crypto: Shiba Inu, an ecosystem under influence?

The Shiba Inu ecosystem is known to be influenced by whales, those large holders capable of moving prices with their transactions. Massive SHIB movements have been observed before, often followed by speculation and chain reactions. In 2021, transfers of several billion SHIB caused rumors of massive selling before the situation stabilized.

This time, the lack of market reaction is puzzling. Is it a sign of ecosystem maturity, or simply proof that the anomaly was just an artifact? Social networks play a key role in the spread of this type of information. Crypto influencers, always on the lookout for scoops, can amplify a rumor even before it is verified. In this case, caution is advised: without official confirmation, it is risky to draw hasty conclusions.

This anomaly of Shiba Inu recalls the challenges of transparency in the crypto universe. Between erroneous data and potential manipulations, investors must remain vigilant. Yet one question remains: how to distinguish true from false in such a volatile and sometimes opaque market?