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

Source: CoinTribune Original Title: Crypto: 23,561 Billion SHIB Moved in 24H — Manipulation or Glitch? Original Link: https://www.cointribune.com/en/crypto-23-561-billion-shib-moved-in-24h-manipulation-or-bug/

Summary

According to recent on-chain data, over 23,561 billion SHIB were moved in a single day—an unprecedented volume for this cryptocurrency. This exceptional figure immediately attracted analysts’ attention, yet no clear explanation has emerged.

The Anomaly: 23,561 Billion SHIB in 24 Hours

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

Market Signals Tell a Different Story

To understand this anomaly, market indicators must be analyzed. The SHIB price remained stable with no significant variation—unusual for a movement of this magnitude. Furthermore:

• Trading volume did not increase
• Reserves on major crypto exchanges showed no massive SHIB influx
• Normal activity continued without disruption

These observations strengthen the hypothesis of a technical error rather than a real event.

Possible Explanations

Several hypotheses are proposed:

1. Indexing bug: The same transactions might have been counted multiple times in the data tracking system
2. Wallet consolidation: Large holders gathering their funds without intention to sell
3. Market manipulation: Creating uncertainty to influence sentiment

However, experts agree on one critical point: if such a volume had truly been transferred, the market would have reacted significantly. Yet nothing of that magnitude occurred.

Shiba Inu Ecosystem Under Scrutiny

The Shiba Inu ecosystem is known to be influenced by whales—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 a technical artifact?

The Broader Challenge: Transparency in Crypto

This anomaly recalls the challenges of transparency in the crypto universe. Between erroneous data and potential manipulations, investors must remain vigilant. Social networks play a key role in spreading such information, with crypto influencers often amplifying rumors before verification.

The key question remains: how can investors distinguish true from false in such a volatile and sometimes opaque market? Caution is advised—without official confirmation, it is risky to draw hasty conclusions.