Extreme Shiba Inu Anomaly or On-Chain Error: 23,561,900,000,000 SHIB in 24 Hours

Extreme Shiba Inu Anomaly or On-Chain Error: 23,561,900,000,000 SHIB in 24 Hours

Source: UToday

Published:11:43 UTC

BTC Price:$89154

#SHIB #Crypto #DataError

Analysis

Price Impact

Low

The reported movement of 23.56 trillion shib is highly suspicious and the article suggests it's an on-chain error, an internal exchange reorganization, or a data anomaly. there's no corresponding price volatility or significant market reaction.

Trustworthiness

High

The article's analysis thoroughly debunks the initial shock of the large transaction, providing strong evidence (routine price action, unremarkable volume, stable exchange reserves) that it's a data error rather than a real market-driven event.

Price Direction

Neutral

Despite the massive reported movement, shib's price action remains routine, trapped below major moving averages, with no signs of unusual volatility, expanded spreads, or liquidity shocks. the market has not priced in any new sell-side supply.

Time Effect

Short

As the event is identified as a likely data anomaly or internal transfer with no actual market impact, any potential 'effect' is immediately negated upon understanding the context. there are no long-term implications from this specific event.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Routine SHIB price action Just movement of funds? Advertisement More than 23.56 trillion SHIB reportedly moved in a single day, according to Shiba Inu’s on-chain data from CryptoQuant at the time of writing, which is so out of the ordinary that it practically begs for suspicion. If true, this would suggest significant internal reorganization by big holders or unheard-of selling pressure. However, the more logical explanation, a tracking error or data anomaly, is much simpler given the behavior of the chart and the rest of the market. Routine SHIB price action Commence with the fundamentals. With no indications of unusual volatility or liquidity shocks, SHIB’s price action appears routine. It is still trapped below all major moving averages. Expanded spreads, violent candles or, at the very least, a discernible liquidity reaction occur when trillions of tokens actually hit exchanges. That does not appear. Volume continues to be unremarkable. Price does not even react. Clearly, trillions of new sell-side supply are not being priced in by the market. SHIB/USDT Chart by TradingView Take a look at the exchange metrics now. Although there has been a spike in exchange inflow and outflow, it is not as great as the headline figure. On paper, the inflow and outflow totals are both enormous 24.4 trillion SHIB and 25.2 trillion, respectively, but the charts display erratic vertical jumps that are more likely to be caused by API errors, consolidation events or double-counted movements than by real market-driven transactions . HOT Stories XRP Scores Yet Another Prominent Supporter Crypto Market Prediction: XRP's Last Chance Before $1, Another Bitcoin (BTC) Wave to Set $100,000 in Stone, Shiba Inu (SHIB) Comeback to the Bottom is Possible Ethereum’s Buterin Advocates for Stronger Crypto XRP Hits Astonishing 1,694,200% Liquidation Imbalance, Vitalik Buterin Breaks Silence on Ethereum Outage, $185 Million in Bitcoin Exits Binance in Minutes – Crypto News Digest Just movement of funds? Instead of abrupt panic selling, when both inflow and outflow print extreme values at the same time, it typically indicates internal wallet reorganization or a problem with data classification. Advertisement You Might Also Like Sat, 12/06/2025 - 12:05 760,649,500,000 Shiba Inu Surge Does Not Look Good By Caroline Amosun Exchange reserves do not move much. The active addresses do not change. The notion that tens of trillions of tokens were withdrawn or dumped in a way that affected price discovery is unsupported. Therefore, the most plausible explanation is either an internal exchange wallet reorganization, incorrectly classified as transactional flow, an indexing bug or a misreported on-chain value. The 23.56 trillion SHIB in 24 hours figure should be regarded as a statistical outlier rather than a significant change in Shiba Inu’s market structure until it is confirmed by several analytics sources. #Shiba Inu #Shiba Inu (SHIB) News