Shiba Inu whale addresses executed over 400 transactions exceeding $100,000 each in the past 24 hours, moving approximately 1.06 trillion SHIB to exchanges as the token trades near $0.0000085.
The surge in large holder activity comes as the memecoin’s burn rate jumped over 200% and on-chain engagement shows signs of revival after months of dormancy.
Shib inu price map
The Shib inu price continues to trade inside a narrow band from $0.0000075 to $0.0000095.
$0.0000075 remains the first major support.
$0.0000095 stands as the immediate resistance that has repeatedly capped rallies.
Source: Trading View
A daily close above $0.0000095 would open room for the Shib inu price to expand toward $0.000011–$0.000012. A clean breakdown below $0.0000075 could drag the price toward $0.0000070 and possibly $0.0000065.
Volume and trend
Reported 24 hour volume remains in the low hundreds of millions enough for genuine movement rather than thin order book noise. Despite this, the Shib inu price still sits more than 90% below its all time high with every bounce trapped inside a long heavy downtrend.
The past month shows only a mild recovery from November’s dip but no confirmed trend reversal. Bulls view this as early basing; bears view it as a textbook dead cat bounce.
Whale flow and on-chain
Whale activity is surging. More than 400 transactions above $100,000 hit the chain in a single day while roughly 1.06 trillion SHIB has been moving to exchanges. Exchange balances rising means volatility is brewing as the Shib inu price compresses.
Burn rates have jumped over 200% on some days and previously flat on-chain activity is waking up. Supply is slowly shrinking, but user activity remains fragile.
Bullish instance
In the bullish scenario, whales are front running a shift. Liquidity parked on exchanges could squeeze shorts if the Shib inu price cleanly clears $0.0000095 with volume. From there, SHIB could target $0.000011–$0.0000125 in the coming weeks as burns, Shibarium engagement, and sentiment align.
Bearish instance
In the bearish version, those same inflows are ammunition for distribution. The Shib inu price may wick into $0.0000095–$0.0000100, fail, and slide toward $0.0000070 or lower while on-chain signals weaken and memecoin beta bleeds across the sector.
Rational stance
A rational trader holds both maps at once bullish and bearish.
Above $0.0000095 with increasing volume: the bullish path gains weight.
Below $0.0000075 with persistent whale deposits: the bleed path dominates.
In either case, the Shib inu price is approaching an inflection point and the whales are already positioning for whichever direction breaks first.
Victor Prince Johnson a tech writer and crypto blogger with a passion for breaking down complex topics into clear, engaging and accessible content.
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