Shiba Inu Whale Activity Surges 90%: Is a Big Rally Awaiting?

Jakarta, Pintu News – By 2025, more than 100 trillion Shiba Inu tokens will have been collected by whales, leading to speculation about the potential for a large rally. However, several factors are still holding back the SHIB price rise despite increased activity from large holders.

SHIB Recovery Analysis

AMBCrypto has evaluated the impact of large transaction spikes on the price of SHIB in the past. In November 2024, whale activity increased from 4 trillion SHIB to nearly 30 trillion SHIB, resulting in a rally of around 100% for the meme currency. A similar spike on February 3 also resulted in a significant rally for SHIB.

However, not all spikes in whale activity lead to an immediate price rally. For example, on January 6, large transactions increased from 1.5 trillion SHIB to 15 trillion SHIB, but the price of the meme currency fell instead. The surge in whale activity in March was also followed by stagnant price action.

Also Read: Trump Attacks Powell, Stock Markets Fall, But Bitcoin (BTC) Surges!

Market Dynamics and SHIB Accumulation

Despite the increase in whale activity, other network growth factors such as address activity fell by almost 30% in the last 24 hours. The number of address activity is at last October’s low of 4,000, indicating low market interest. However, some market participants continue to accumulate SHIB at current price levels.

According to Supply on Exchanges data, SHIBs on centralized exchanges fell from over 140 trillion to under 100 trillion SHIBs by 2025. During the same period, more than 100 trillion SHIBs have been purchased and removed from exchanges, indicating accumulation.

Potential SHIB Pricing Barriers and Opportunities

On the price chart, SHIB gained 23% in April. However, there is significant resistance at the 50-day EMA (Exponential Moving Average, blue) which is at $0.0000129, which also aligns with the April high of $0.000013.

SHIB could only reach a new monthly high if it manages to cross such hurdles. In addition, the ongoing burning of excess supply could also potentially favor a price reversal. If there are positive catalysts, such as macroeconomic changes, SHIB could rally.

Conclusion

Despite the significant increase in whale activity and accumulation of SHIB, several factors such as low address activity and technical barriers are still holding back the potential for higher price gains. However, given the right conditions, SHIB has the potential for a significant rally in the future.

Also Read: Ethereum User Increase: A Sign of Price Recovery in May 2025?

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. Shiba Inu whale activity spikes 90% so what’s holding SHIB back?. Accessed on April 23, 2025
• Featured Image: Generated by AI