Whale Investment Surge in Shiba Inu (SHIB), What’s Happening?

Jakarta, Pintu News – This week, the dog-inspired cryptocurrency Shiba Inu SHIB->Current SHIB PriceRp 0Market Cap-Trading Volume-Circulating Supply- recorded a 2025% increase in inflows from large holders.

This phenomenon caught the market’s attention and triggered speculation about the ongoing dynamics and its impact on SHIB’s subsequent price movements.

Check out the full information below!

Whale Interest Increase

IntoTheBlock shows that inflows into Shiba Inu large addresses (SHIB) increased dramatically, reaching 6.26 trillion SHIB on March 20. This large inflow indicates significant buying activity by large holders or whales.

Most of them buy at centralized exchanges and then move the SHIBs to cold storage, which could indicate that they anticipate future price increases.

This inflow increase could also signal that SHIB prices have bottomed out, thus attracting whale interest to buy in bulk. This often happens after a significant price correction, which in turn can affect inflows into the market.

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SHIB Price Movement Analysis

The price of Shiba Inu (SHIB) has increased 1.63% in the last 24 hours to $0.00001274. This increase is accompanied by several other digital assets, reversing the decline that occurred on Friday.

SHIB has been moving in a fairly stable range since dropping from a high of $0.00001382 on March 16. Since March 18, the price range has become tighter, with SHIB trading between $0.00001227 and $0.000013. Traders are waiting to see the market’s next direction.

With the whales’ renewed interest, all eyes are on the next resistance level for SHIB. If this momentum continues, SHIB may see further upside, potentially testing key price targets soon.

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Price Outlook and Support

If this positive trend continues, Shiba Inu (SHIB) may try to break the 50—and 200-day moving averages, which are around $0.00001448 and $0.00001915, respectively.

This would be the first indicator of the bulls’ recovery. On the other hand, in case of a decline, support is expected at $0.0000108, which successfully stopped SHIB’s price decline on March 11.

Conclusion

With the surge in inflows from whales and the potential for significant price increases, Shiba Inu (SHIB) is showing interesting market dynamics for investors and market watchers.

Subsequent price movements will largely be determined by whether this interest continues and how the market responds to external and internal factors affecting cryptocurrencies.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Shiba Inu Stuns With 2025 Inflow Spike: What’s Happening. Accessed on March 24, 2025
• Featured Image: U Today