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It seems that we'll be having a Friday that's quieter-than-usual, as Bitcoin continues to trade within a narrow range, with ETH also retracting to test previous support levels after reaching a new all-time high early on Thursday. Although its technicals reveal exhaustion, some analysts do believe that there is still room for ETH to extend its upside gains in the near-term. In the altcoin space, Shiba Inu, the popular memecoin that has been basking in the limelight for the past month due to its parabolic rise, has begun to see a slump in its price amid speculations of large whale movements that could potentially lead to massive sell-offs. Even though the holdings of the whale in question are not even on the open market yet, large SHIB holders have already exchanged roughly $2.58 billion worth of the memecoin in the past 24 hours. This caused the price of the token to plunge by around 17% as short-term selling pressure surged. As a result, SHIB's market cap, standing at approximately $27 billion based on current prices, has dropped out of the top 10 list in CMC's ranking.