Shiba Inu (SHIB) has continued to be popular after reportedly a massive trading activity in Shiba Inu coins that totals 8.18 trillion from the market, having a value of $195.1 million that many believe to have emanated from a whale. Even though this bread has shed 14.5% in price recently, investors indicate confidence in reversing for a PEAK. When the whales are more active and the traders initiate buying pressure, the meme coin could be setting up for a major bounce.
Whale Transfers 8.18 Trillion SHIB As Market Fluctuates
An 8.18 trillion Shiba Inu coins whale transaction was worth about $195.1 million at what could be seen as a volatile point in time. Into the block, an on-chain analytics company noted that this transfer occurred from CryptoCom exchanges to an unknown wallet.
The timing of this transaction matters, and that is why the following transaction occurs early. It came against the backdrop of a market downturn caused by the ISM economic report, putting bearish pressures on almost all the crypto assets such as Bitcoin and Ethereum. Once SHIB emerged from a three-day sideways consolidation pattern, it dropped over 14.5%.
‘It’s common knowledge that such large transfers signify accumulation or distribution by whales,” commented an IntoTheBlock analyst.
Whales and Long-Term Holders Dominate SHIB Activity
Data on-chain show that more whales have started to engage with SHIB. In the last 24 hours, the large transactions increased by an incredible 2004% as reported by IntoTheBlock. This means there is increased activity of whales and those that invest in the company for a longer period.
Similarly, as per the Coinglass data, $7.04 million worth of SHIB coins were exchanged out of the trading platforms within the said period. According to this trend, the Whales and investors are buying the SHIB tokens at a lower price and indicating that they have more expectations for the hike of price in the near future.
However, such a rate of accumulation may suggest optimism in the token’s longer-term prospects, noted a spokesperson from Coinglass.
Traders Get Bullish on Shiba Inu
Long positions have prevailed among traders on the SHIB market. SHIB’s Long/Short Ratio at Coinglass in 2025 is the highest and equals 2.04. According to this data, it is revealed that 67.16% of traders are bullish about SHIB, and 32.84% carry out short trading.
A bullish signal such as this, coupled with a high adoption rate of the meme coin, indicated by the trading volume that was 80% higher compared to twenty-four hours prior. Although the prices have recently lowered, such hype indicates the possibility of Shiba Inu attaining a new high.
Overview Technical Analysis for SHIB
In the recent technical analysis by AMBCrypto, SHIB is seen currently hovering near an important support area and around the 200 EMA on the daily chart. What is more important is the fact that this level is usually taken as a major support or the bullish pattern for a reversal.
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Holding the price above the 200 EMA has cemented speculators’ expectations of an 80% surge, with the token reaching $0.00003939 in the weeks to come. But, such a move can only happen over time within a bullish environment – sustained by bulls.
As of the time of writing this piece, Shiba Inu is valued at $0.0000217, down by 10% in the last day. Still, this is not the worst side as far as the increased trading activity of the coin showcases the interest of both the new and the institutional investors.
Conclusion
Current whale movements in Shiba Inu, combined with the bullish attitude among traders and crucial technical indicators, suggest that a price recovery is possible. Nevertheless, the meme coin has short-term volatility issues; however, more adoption and participation from whales could be the silver lining. Thus, for investors, the waiting game is as important for SHIB in its new phase. Keep following The Bit Journal and keep an eye on Shiba Inu price activity.
FAQs
- What led to the recent price decline of SHIB?
This leading digital currency’s value was dragged down by bear sentiment after an economic report from the Institute for Supply Management which impacted leading cryptos, including Bitcoin and Ethereum.
- How does the activity in whales to the overall market for SHIB impact its price?
These big-ticket whale activities, such as the one witnessed in the most recent $195.1M transaction, can be interpreted as accumulation or distribution. Based on observations of whale activity, the market direction seems to be affected slightly, either consolidating or swinging wildly.
- What is SHIB current trading rate?
At the time of writing this, Shiba Inu is at $0.0000217 after the token shed 10% of its value in the past 24 hours.
- Will Shiba Inu coin gain in price?
Indeed, SHIB can rally to as high as 80% in the near future if the technical analysis unfolding sees support above the 200 EMA continuing and bulls dominating.
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