Recently, those paying close attention to SHIB should have a feeling—this token has increased by nearly 7.5% in the past month, and there are indeed some things happening behind the calm surface.

Let's start with the most eye-catching phenomenon. The destruction data has exploded, with a single-day destruction reaching 29.94 million tokens, and the destruction rate soaring by 2459.5%. Such a magnitude is indeed rare. At the same time, whale activity has not been idle; an unidentified large holder transferred a total of 15.18 billion SHIB in one go. Transfers of this size often reflect some kind of large capital intention.

From a technical perspective, what's more interesting is that the three-day chart of SHIB is now approaching a critical level—price is nearing the breakout point of a descending wedge. This pattern usually indicates a potential directional breakout. The increase in whale activity combined with the abnormal surge in destruction volume suggests that these two forces are brewing some kind of market change. It’s worth continuing to observe.