Ethereum (ETH) Whale Makes Waves by Dumping Dogecoin and Reallocating into Lesser-known Meme Coin Panshibi (SHIBI)

A major Ethereum whale has just made waves by pulling out of Dogecoin and reallocating into lesser-known meme coin Panshibi (SHIBI), raising eyebrows across the crypto market.

A major Ethereum whale has just made a surprising move, pulling out of Dogecoin and reallocating into lesser-known meme coin Panshibi (SHIBI), raising eyebrows across the crypto market.

The unexpected shift, spotted by blockchain analytics platforms, shows a substantial withdrawal of funds from Dogecoin and a simultaneous purchase of SHIBI during the past 24 hours. This activity, attributed to a whale with a net worth estimated at over $150 million, has sparked speculation: what does this high-level investor see in SHIBI that others might be missing?

With Dogecoin showing signs of stagnation and Panshibi gaining traction during its presale, this shift could be an early signal of where the smart money is heading next.

Panshibi (SHIBI) Emerges as a Safer, High-Growth Alternative as Ethereum and Dogecoin Faces Turbulence

Panshibi (SHIBI) is quickly emerging as a safer and potentially higher-returning alternative to Ethereum and Dogecoin.

Inspired by the cultural symbolism of pandas and backed by a loyal, meme-driven community, SHIBI combines the best of both worlds—offering excellent growth potential in a token that prioritizes security, transparency, and community involvement.

Unlike Ethereum and Dogecoin, Panshibi is built on strong fundamentals. Its Coinsult-audited smart contract passed without any issues, liquidity is locked for 10 years, and team tokens are frozen for two, ensuring no sudden exits or manipulations. This level of investor protection has become increasingly rare in meme coin projects, especially as the market becomes saturated with quick-flip tokens.

Currently in Stage 4 of its presale at just $0.005, SHIBI offers ample opportunity for early buyers to gain an edge. Analysts forecast a 1,200% gain during the presale alone, and even greater upside is expected post-launch as SHIBI lists on Uniswap and the top centralized exchanges.

Panshibi isn't just a meme—it's a utility-rich ecosystem. Holders can earn up to 1,200% APY through staking, access exclusive perks via the Bamboo Private VIP Club, and participate in a model that prioritizes scarcity and sustainability. 60% of the 1.2 billion token supply is allocated to the presale, 15% is reserved for staking rewards, and any unsold tokens will be burned, creating long-term value for the SHIBI community.

As meme coins are set for a strong 2025 and Ethereum and Dogecoin face a more uncertain short-term outlook, Panshibi presents a rare opportunity—a low-risk entry point into a token with the potential for truly massive gains. And with the presale numbers already showing impressive buying pressure on SHIBI, it's clear that investors are taking notice.

ETH Price Slips Below $2K Despite Successful Pectra Testnet Launch as Bears Eye $1,522

ETH price slipped below the $2,000 mark on Thursday, testing the crucial $1,818 support as bears aim for $1,522. The Pectra upgrade, which introduces sponsored transactions and multi-token gas payments, went live on the Hoodi testnet without major issues.

However, market reaction to the upgrade was minimal, and a breach of the $1,818 level could confirm a bearish flag pattern spotted on the four-hour chart by technical analysts at Benzinga Pro. This pattern suggests further downside toward $1,522.

Pectra's mainnet launch could come as early as April 25, depending on results from the upcoming Ethereum ACDC call. The upgrade is expected to significantly improve Ethereum's scalability and user experience.

Dogecoin Shows Early Signs of Recovery as RSI HInts at Short-Term Reversal

Dogecoin price showed signs of recovery on Thursday, testing the $0.15 support as RSI indicators hint at a possible short-term reversal.

The cryptocurrency faced strong selling pressure in recent weeks, but RSI readings in the oversold territory suggest a brief relief phase from the broader downtrend is likely.

A liquidity scan with Benzinga Pro reveals potential resistance near the $0.175 level, where outstanding leveraged positions could act as a magnet for price action.

Panshibi Will Launch at $0.026: Buy Now at $0.005

Apply for Panshibi whitelist

With the Panshibi (SHIBI) presale now in Stage 4 and tokens priced at just $0.005, there’s still time for early adopters to lock in a prime position.

Analysts project a 1,200% surge during the presale alone, and even greater upside is expected post-launch as SHIBI lists at $0.026 on Uniswap and the top-tier exchanges.

As 2025 shapes up to be a breakout year for meme coins,