SHIBA INU - Liquidations Surge! Is This Move Real?! SHIB Holders Near All Time High!

Hinzugefügt: 2026-05-20

[00:00:00]We're obviously seeing some red here today for BTC, for Shib, and other assets in the crypto space. But, the big question is, is this move real or is it fueled by something else? I want to share this interesting information with you guys, but we do also need to talk about a few things going on. Obviously, we had a garbage report today that kind of kicked things into gear. Shib Inu was close to setting a new all-time high in a certain metric, which is very good.

[00:00:25]We'll discuss all that and more. So, again, if you're new or haven't already, make sure you like, comment, subscribe, show your support for the channel down below. But, here's what I will say is that right now, it's about 10:30 a.m.

[00:00:35]Central Standard Time. Obviously, there's still a little bit of time before this video comes out, and we have a lot of day ahead of us. And we're obviously seeing some red this morning for Shib and many others in the space.

[00:00:44]Actually, as we had climbed overnight, Shib and others were seeing some green.

[00:00:48]Really at about 5:00 this morning is when the market started to kind of crap the bed. And that actually made Shib break this support, this longer term or this upper support that we were trying to hold. We actually came back down.

[00:01:01]We're retesting a lower support resistance right now. Coincidentally enough, if you guys remember, we were talking about, you know, that big ascending triangle that was building for a very long period of time, Shib is touching the tip of that right now. And when we take a look at BTC, BTC is touching its 20-day moving average. So, these are actually the retests that we talked about potentially taking place, and they are taking place. Now, the real question actually we just dropped below that right now for Shib. But, the big question is, is this a real move or is this something different? Now, here's what I will say is this all started because this morning we got a CPI report or PPI report. Was not good, massively above expectations. We came in at 6% versus 4.9% expected. That is a bad miss. Markets do not like bad misses by any means. And again, this very much happened because of energy, right? Energy and transportation, right?

[00:01:56]Those are the big two things right now that are sticky. It's because of what's going on in the Middle East. Everything else is pretty even-keel, modest inflation, but that right now has kind of been a little bit of a a thorn in our side. And of course, there was a ton of betting, a ton of leverage building up like we talked about, and unfortunately, it moved to the downside. Now, what's interesting is over the last 4 hours here, we've actually seen $183 million in long leverage liquidations.

[00:02:23]Obviously, very little on the short side. It's been pretty much, you know, straight down into the right. Now, at the same time, we haven't seen volume really change in the crypto market. So, this isn't a real move, per se. This is a leverage-based move, at least as of right now. Now, that can change. We obviously know that many times before when we when the market's dealt with uncertainty, it's turned into a real move. People start liquidating. You see some of the short-term speculators taking profit, dumping their assets, right? So, it's very possible that this could compound into a further drop in the market. Now, here's the thing. If this doesn't, if the market calms down here getting into the afternoon and says, you know, yeah, this this report sucked. It was kind of a one-off report, and we focus more on the great news that could potentially be coming later this week, this could eventually turn or essentially turn into our midweek pivot like we've seen many times before. Now, obviously, this isn't a guarantee or financial advice or anything like that, but how many times have we seen kind of these these midweek pivots where the market flips around and starts to move the opposite directions.

[00:03:27]We've we've seen this many times over the past several weeks. And maybe this is just me being hopeful, but you know, it would not surprise me if they did a move like this early in the week to make some people capitulate, to cause uncertainty, to give people discounts, and then boom, market moves the opposite direction. So, we'll have to wait and see if that's the case. Short leverage might creep in and try to compound on top of these negative macro reports, but I want to remind everybody, obviously Donald Trump is in China right now, going to be negotiating with Xi Jinping.

[00:03:57]We obviously have tomorrow the Senate Banking Committee that is doing markups, voting on the Clarity Act. So, there are some things that could have actually give us a little bit of positive wind headed into the weekend.

[00:04:10]With that being said, Coinbase CEO Brian Armstrong says the crypto market structure legislation is closer than ever to being passed. If you remember, Brian Armstrong then pushing back very heavily on the Clarity Act in its prior versions because of what the banks were trying to do, the bank lobbyists. So, if he right now is is pretty confident about the Clarity Act, excited about the Clarity Act, I think that's actually a really really good sign for what is coming. And that could obviously turn again turn us into an exciting back half of the week. I'm hoping that's going to be the case, but obviously only time will tell in that regard. Now, here's what I will say is obviously even with this uncertainty in the market, we're still seeing good fundamentals for Shib.

[00:04:52]We right now are actually scratching a new all-time high in terms of Shib Inu holders. In fact, right now we are only about 280 holders away from a new all-time high, meaning that in the next 24 hours we could be talking about a Shib Inu holder high. That is a great sign.

[00:05:09]Exchange supply, even though we dropped yesterday, even though we dropped today so far, we're seeing exchange supply start to leave again, right? So, that that's kind of where we're at right now.

[00:05:20]Not much else to say outside of that.

[00:05:21]Market just needs to again kind of calm down a little bit. It's kind of calmed down in these ranges at least, you know, where it's stabilizing per se.

[00:05:29]Obviously, we saw seen a little bit lower low here for Shib. We're kind of scraping those lows that we saw in the 9:00 a.m. hour, but again, you just have to hope it doesn't turn into something bigger. So, that's kind of where we're at right now.

[00:05:41]I appreciate you guys. I hope you enjoyed the video. Hopefully, we can get things righted as the day progresses, but appreciate you. Catch you guys in the next one. Take care.