icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Shiba Inu Sees 2,025% Whale Inflows, 2.50% Gain Amid Market Volatility

Coin WorldSaturday, Mar 22, 2025 3:18 pm ET
2min read

In the midst of a bearish market sentiment, Shiba Inu (SHIB), the second-largest meme coin globally, has garnered significant attention from whales and long-term holders. Data from an on-chain analytics firm revealed that SHIB has experienced a remarkable 2,025% surge in large holder inflows, indicating a heightened interest in the meme coin. This surge suggests a potential bottom for SHIB, as whales typically buy in large quantities during significant market corrections. The notable jump in large-holder inflows also hints at potential buying opportunities, as exchanges have recently witnessed substantial SHIB outflows, indicating that assets are moving from exchanges to cold wallets.

With this massive participation and bullish activity, SHIB has registered an impressive gain of 2.50% in the past 24 hours and is currently trading near $0.00001288. However, during the same period, its trading volume dropped by 22%, indicating lower participation from traders and retail investors compared to the previous day. This drop in trading volume appears to be due to high volatility, which seems to be causing confusion among traders and investors.

According to expert technical analysis, SHIB’s recent price surge suggests a breakout from a descending trendline that has acted as strong resistance since mid-January 2025. Additionally, the meme coin is currently near a crucial support level of $0.000012. With this recent breakout, the overall sentiment for SHIB appears to be shifting from broader bearishness to bullishness. Based on recent price action and historical momentum, if SHIB surges and closes a daily or four-hour candle above the $0.0000132 level, there is a strong possibility it could rise by 50% to reach $0.0000203 in the coming days. As of now, the meme coin is trading below the 200 Exponential Moving Average (EMA) on both the daily and four-hour time frames, indicating that SHIB is in a downtrend on both longer and shorter time frames.

Shiba Inu (SHIB) has recently experienced a significant surge in whale inflows, with a 2,025% increase. This substantial inflow suggests a potential accumulation phase, which could indicate that the price of SHIB may have reached a bottom. The surge in whale activity is a notable development, as it often signals that large investors are confident in the asset's future prospects. This influx of capital into SHIB could be driven by various factors, including the token's growing ecosystem, community support, and potential for future price appreciation. The increased interest from whales may also reflect a broader trend of institutional investment in the cryptocurrency market, as more traditional investors seek to diversify their portfolios with digital assets. The burn rate of SHIB has also skyrocketed by 495%, with 14,052,230 SHIB tokens sent to a dead wallet. This reduction in the circulating supply could further support the price of SHIB, as a lower supply relative to demand can drive up the value of the token. The burn mechanism is a strategic move by the SHIB community to create scarcity and potentially increase the token's value over time. The recent developments surrounding SHIB, including the surge in whale inflows and the increased burn rate, suggest that the token may be poised for further growth. However, it is important to note that the cryptocurrency market is highly volatile, and investors should exercise caution when considering investments in SHIB or any other digital asset. The potential for price appreciation should be weighed against the risks associated with investing in a highly speculative market.

Comments

Post
Refresh
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App