Recently, a noteworthy trend has emerged in the crypto assets market. A large investor, who wishes to remain anonymous (commonly referred to as a "Whale"), invested approximately $64 million in mid to late August, making a significant purchase of Shiba Inu (SHIB). This investment totaled 4.66 trillion SHIB, accounting for 0.79% of the current Circulating Supply, with the highest single transaction volume reaching 1.2 trillion SHIB.

The flow of funds indicates that these SHIB are primarily being transferred from well-known exchanges like Coinbase to non-custodial wallets, while 132 billion SHIB have been withdrawn from the trading platform, suggesting that this investor is actively accumulating chips.

Data analysis indicates that this Whale's average purchase cost is $0.0000123, about 18% lower than the average investor's cost. Market observers speculate that the investor's target may be to break through the resistance level of $0.000014. At this price level, there are currently 522 trillion sell orders backed up. If successfully broken, SHIB could see an increase of up to 52% in the short term.

However, this large-scale buying also brings potential risks. Although the reduction in circulating supply may boost prices, the number of SHIB held by this Whale accounts for 23% of the daily volume. If they decide to sell, it could trigger severe market fluctuations and even lead to a price crash.

Currently, about 91% of SHIB holders are in a state of loss. There is significant pressure to break even in the price range above $0.0000135, which forms an intense game of tug-of-war with the lifting targets of large investors.

Market participants are closely monitoring on-chain large transfer signals and the key support level of $0.0000118. The price trend of SHIB seems to be at a critical turning point, and the market may experience significant fluctuations at any moment.

In the face of such a complex market situation, investors need to carefully assess risks and make wise investment decisions.