Shiba Inu Whales Return Amid Price Drop Surge

Shiba Inu (SHIB) Whales Return in Force, Spark Buying Frenzy Amid Price Decline

Shiba Inu (SHIB) Sees Renewed Whale Accumulation After 20% Price Drop — Could This Signal a Rebound?

Since peaking at a local high of $0.00001764 around three weeks ago, Shiba Inu (SHIB) has been steadily sliding within a descending channel, suffering a decline of over 20.5% in just over a month. This sustained downward pressure has sparked increased interest from savvy market participants, particularly large holders—commonly known as whales—who are now aggressively accumulating the memecoin at these discounted levels.

Shiba Inu’s Price Decline Opens Attractive Buying Window for Whales

The prolonged drop in SHIB’s price has created what many consider a compelling buying opportunity. Data from IntoTheBlock reveals a sharp uptick in whale activity, signaling renewed confidence among large investors. These whales, known for their market-moving power, appear to be capitalizing on the dip by amassing substantial quantities of SHIB.

Two days ago, the inflow of tokens to whale wallets hit a monthly low of 42 billion tokens.
In the last 24 hours, however, inflows skyrocketed to 1.93 trillion tokens, marking a dramatic reversal in sentiment.

This influx underscores a strategic accumulation phase as whales seize the chance to buy at lower prices.

Whale Netflow Data Confirms Strong Demand

The growing demand among large holders is further validated by whale netflow metrics. Recent figures show a net inflow of 1.92 trillion tokens, while only 8 billion tokens have been offloaded—demonstrating a clear buying bias.

The netflow data is a critical indicator: a high positive netflow reflects that whales are purchasing more than selling, reinforcing the narrative of a whale-driven accumulation phase.

Broader Market Accumulation Reflected in Exchange Netflow

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This trend extends beyond whale wallets. Shiba Inu’s exchange netflow, which tracks tokens moving into and out of exchanges, has turned negative, a hallmark sign of accumulation by the wider market.

Over the past day, SHIB’s spot netflow dropped to -$2.7 million.
Negative exchange netflow indicates more tokens are leaving exchanges than entering, suggesting that investors prefer to hold their SHIB off exchanges rather than sell, signaling confidence in future price appreciation.

Impact on SHIB Price and Technical Outlook

The resurgence of whale buying activity has started to show positive effects on SHIB’s price momentum. At the time of writing, SHIB was trading at $0.00001259, up modestly by 1.03%.

Prior to this uptick, SHIB had been entrenched in a downtrend characterized by both weekly and monthly losses.
The fresh capital inflows from whales could provide the necessary boost for SHIB to reverse its bearish momentum and regain upward traction.

If whale accumulation continues at the current pace, it is likely to attract other investors, further increasing demand. Such a scenario often triggers upward price movement as buying pressure outweighs selling.

Potential Price Targets and Risks

Bullish Scenario: If momentum sustains, SHIB could test resistance around the $0.000013 level. Breaking above this zone might pave the way for further gains and signal a more sustained recovery from the recent slump.
Bearish Scenario: Conversely, if whales decide to reduce their holdings and initiate selling pressure, SHIB risks falling below the $0.000012 support level, potentially dipping further to around $0.0000119. Such a move could prolong the downtrend and dampen market sentiment.

What This Means for Investors and Traders

Whale activity is a powerful market signal. The surge in accumulation by large holders typically reflects confidence in the asset’s long-term prospects.
Negative exchange netflow reinforces accumulation sentiment, suggesting that investors are holding SHIB with the expectation of price appreciation rather than quick profits.
Technical price action will be key. Traders should watch the $0.000013 resistance and $0.000012 support levels closely, as a breakout or breakdown could dictate SHIB’s short-term direction.

Broader Context: Shiba Inu’s Place in the Crypto Market

Shiba Inu remains one of the most talked-about memecoins, driven by a passionate community and evolving use cases such as decentralized finance (DeFi) and NFTs. Despite recent volatility, its consistent whale interest signals that SHIB still holds substantial speculative and investment appeal.

Summary

Shiba Inu has declined over 20% in the past month, trading inside a descending channel.
Whale accumulation has surged, with inflows jumping from 42 billion tokens to 1.93 trillion tokens within days.
Exchange netflow has turned negative, indicating widespread holding behavior.
SHIB’s price has started a modest rebound, currently trading near $0.00001259.
Continued whale buying could push SHIB toward $0.000013 resistance, while selling pressure risks a fall below $0.000012 support.

Investors should monitor whale activity, exchange netflows, and key price levels to gauge Shiba Inu’s potential recovery or further declines. The memecoin’s future price trajectory may largely depend on the ongoing behavior of these large market participants.