Large SHIB holders trimmed positions midweek, adding pressure as realized losses spiked over $200 million.
Price remains stuck below key resistance, bearish signals stack up with RSI and MACD both weakening.
Shiba Inu (SHIB) has slipped nearly 4.50% this week, trading at $0.00001166 on Friday. Although it gained a minor 0.69% during the day, larger indicators continue to reflect selling pressure. Market caution tied to the Iran-Israel war and concerns over U.S. tariff decisions are affecting speculative tokens like SHIB more than others.
Data from Santiment revealed that wallet activity is shifting. Major holders, particularly those holding between 100,000 to 1 million and 10 million to 100 million SHIB tokens, have reduced their positions since midweek. This has added to negative sentiment, pulling the price down from short-lived rebounds earlier in the week.
Source: Santiment
Between Sunday and Monday, realized losses by SHIB holders surged from -346,000 to -211.2 million. Thi
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