Shiba Inu (SHIB) has once again captured attention in the cryptocurrency market, following a significant transaction of 8.18 trillion SHIB coins valued at $195.1 million. This massive whale activity has sparked speculation about SHIB’s future trajectory, even as the token experiences a 14.5% price dip. Investors remain optimistic that increased whale involvement could trigger a price rebound.
Whale Movement Sparks Interest Amid Market Uncertainty
A large transfer of 8.18 trillion SHIB, worth approximately $195.1 million, recently took place from CryptoCom to an unidentified wallet. On-chain analytics platform IntoTheBlock highlighted this transaction as significant, especially given its timing amidst broader market turbulence caused by economic data from the ISM report.
This event coincided with SHIB’s price dropping sharply after a period of consolidation, shedding over 14.5% of its value. Analysts suggest such substantial movements often indicate either accumulation or distribution by whales, both of which could have long-term implications for the token.
Whales and Long-Term Holders Dominate SHIB Market
Recent on-chain data reveals an uptick in whale activity surrounding SHIB. Large transactions have surged by an extraordinary 2004% in the past 24 hours, reflecting heightened interest among high-value investors. Similarly, Coinglass reported that $7.04 million worth of SHIB has been moved off trading platforms within the same period, suggesting increased accumulation by whales and long-term holders.
This trend indicates that many investors are taking advantage of SHIB’s lower prices to strengthen their positions. The growing interest among institutional and retail investors suggests confidence in the token’s potential for a significant price increase.
Traders’ Sentiment Turns Bullish
The SHIB market has seen a notable shift in trader sentiment, with long positions dominating short trades. According to Coinglass, the Long/Short ratio for SHIB in 2025 has reached 2.04, with 67.16% of traders betting on a price recovery.
Moreover, trading volumes have increased by 80% in the last 24 hours, signaling renewed interest in the token. This surge in activity, combined with optimistic trader sentiment, points toward the possibility of Shiba Inu achieving a new price high in the near future.
Technical Analysis: Key Support Levels Hold Promise
From a technical perspective, SHIB is currently trading near a crucial support level, hovering around its 200-day Exponential Moving Average (EMA). Historically, this level has acted as a pivotal point for price reversals.
Speculators are watching closely, with expectations of an 80% surge in SHIB’s price if it can maintain support above the 200 EMA. Analysts predict the token could climb to $0.00003939 in the coming weeks, provided market conditions turn bullish and sustain the momentum.
Conclusion: A Recovery in Sight?
Shiba Inu’s recent whale activity, combined with bullish trader sentiment and promising technical indicators, suggests that the meme coin may be poised for a recovery. While short-term volatility remains a concern, growing adoption and increasing participation from high-value investors could pave the way for a sustained price increase.
For now, the outlook for SHIB depends on maintaining key support levels and the broader market environment. Patience may be key for investors as Shiba Inu navigates this critical phase of its journey.
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