Shiba Inu whale controls 41% of supply
A Shiba Inu billionaire holds over $5.43 billion in SHIB.
- Massive concentration. The largest wallet on Shiba Inu is carrying the largest share of the token’s total supply.
On-chain data from IntoTheBlock reveals that one wallet alone holds 410 trillion SHIB, or 41.04% of the token’s total circulating supply.
- Impact on the market. SHIB price is heavily influenced by whale behavior.
The Shiba Inu address distribution chart shows a total of 1.46 million active addresses within the SHIB community. Meanwhile, 1 wallet alone out of the many addresses is holding a massive 410,043,000,000,000 SHIB tokens.
- Community size vs. control. Despite having 1.46 million active SHIB addresses, this one wallet alone dwarfs the rest.
While this represents about 41.04% of the token’s circulating supply, the distribution chart implies that a single whale is dominating SHIB’s total market holdings, raising questions about the identity behind the surge of unmatched SHIB fortune.
XRP: bullish momentum builds amid ETF speculation
XRP nears rare Golden Cross as XRP ETF rumors reach boiling point
- Golden Cross alert. XRP is on the verge of a 23-day / 200-day moving average crossover.
As of today, July 15, the 23-day moving average is close to crossing above the 200-day, which has not happened on XRP’s chart in months. The lines have not crossed yet, but they are pretty close. Once they converge and the “golden cross” pattern is confirmed, it will be a change in trend strength, and it might set the tone for the next few weeks.
- Price resilience. XRP is holding strong near $2.90, trading above all key MAs.
Last week, the XRP price hit $3.06 before dropping a bit to around $2.90. Since then, the price has stayed strong, and the token has continued to trade above all of the major moving averages. The upcoming crossover is developing near $2.37, just below current levels, and could act as a support base if the chart continues to push higher.
- ETF buzz. U.S.-based XRP ETF announcement on July 18.
In the meantime, there is a lot of buzz about a U.S.-based XRP ETF in the background. People in the know say one product might be announced by July 18. While it is not confirmed, the timing is adding weight to current market activity.
Enormous Satoshi-era Bitcoin whale starts selling
Satoshi-era whale might be responsible for Bitcoin’s massive price drop
- Intraday low. BTC plunged to $116,218.
The Bitcoin price plunged sharply lower earlier this Tuesday after an ancient whale seemingly started selling BTC. The flagship coin briefly slipped below the $117,000 level, reaching an intraday low of $116,218 before paring some losses.
- Sell trigger. Dormant whale holding over 80,000 BTC began offloading coins.
According to analytics platform Lookonchain, the OG holder, who controls more than 80,000 coins, recently transferred 9,000 BTC (roughly $1.06 billion) to Galaxy Digital. This was followed by another substantial transfer of 7,843 BTC, putting more pressure on the Bitcoin price.
- Market reaction. Short-term volatility has increased.
The transfers spooked traders, with one large whale closing a long position and flipping short — a rare and aggressive strategy shift.
Galaxy Digital is already depositing these coins to major exchanges, with Binance and Bybit receiving roughly $236 million worth of BTC. Following the recent transfers made by the OG whale, another whale promptly closed their long position and flipped short.