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Crypto

Shiba Inu whales accumulate as 443 billion SHIB leaves exchanges in four days

More than 440 billion Shiba Inu (SHIB) tokens have left cryptocurrency exchanges over four days after the token hit a short-term low, drawing attention to possible bargain buying by large investors. The price remains weak, but shrinking exchange liquidity has led to analysis that volatility could increase. Data also showed extreme oversold conditions. Some whale selling and futures outflows have persisted, while reduced order-book depth raises the chance of a sharp move if new buying emerges.

Crypto

Chinese prominent miner says bitcoin bottom will be in Oct-Dec 2026, above $40,000

A prominent Chinese bitcoin miner, Jiang Zhuoer (江卓爾), forecast the current bitcoin bear market will bottom around October to December 2026, with prices at about $42,000 to $44,000. He cited Strategy’s mNAV, now at 0.72 and near a prior-cycle low, while arguing mNAV tends to bottom earlier than bitcoin’s price. Crypto market maker Wintermute has said it is too early to confirm a bottom and sees limited optimistic signals in fund flows.

Crypto

Dogecoin co-founder asks about bitcoin\'s bottom as price tests $60,000 level

Bitcoin fell for a seventh straight session and briefly slid to around $61,000, its lowest since early April, turning attention to the possible bottom of the current correction. Risk aversion spread across crypto as AI-led risk-asset strength faded, while liquidations jumped to $1.15 billion in 24 hours, mostly long positions. Dogecoin also fell. Prediction market Kalshi priced a near 80 percent chance bitcoin drops below $60,000 in 2026.