SHIB whales are crazily swallowing 650 million dollars! Is it a bottom signal or a death spiral? 🚨

In the past 24 hours, a mysterious address has accumulated over 656 billion SHIB. On-chain data flashes the 'quiet hope' of whale accumulation, but the overall market sentiment and selling pressure remain a huge challenge. Is this a clear signal of a bottom forming, or yet another 'catching a falling knife' on the way down?

The key question is: Can the purchasing volume of whales continue to offset the panic selling of retail investors? Relying on a single signal is difficult to reverse the trend.

💡 Core insight: Whale actions are an important indicator, but they are definitely not the sole reason to buy. Be sure to assess in conjunction with the BTC market trend and the overall trading volume of SHIB. Remain cautious before a clear upward trend is established, and do not blindly follow the crowd.

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