- Shiba Inu’s burn rate spiked 4,833% in 24 hours, removing 18.8 billion tokens from circulation and fueling bullish sentiment.
- Whale activity surged by 6050%, with a $91.7 million SHIB transaction signaling potential accumulation ahead of a 2025 breakout.
- SHIB’s exchange reserves dropped to multi-year lows, indicating reduced selling pressure and a possible setup for a major rally.
Shiba Inu’s back in the spotlight, and this time it’s not just about hype. The SHIB burn rate just shot up a jaw-dropping 4,833% in 24 hours, wiping out 18.8 billion tokens from circulation. That’s a massive supply reduction, and it’s got everyone buzzing about a potential breakout in 2025.
Meanwhile, LUCIE, a vocal Shiba Inu team member, is feeling extra bullish. “Shib’s about to do a 1000% in 3 days — I’ve already told my snacks, my cat, and my boss,” she joked. While that might sound a bit over the top, some analysts say the surge in whale activity suggests there could be more than just talk behind the hype.
Whale Moves Hint at Bullish Shift
Big SHIB holders are making some serious moves. According to IntoTheBlock, whale activity has skyrocketed by 6050.47% over the past week. One particularly massive transaction saw 6.7 trillion SHIB — worth roughly $91.7 million — change hands, hinting that some big players are quietly accumulating.
Trading expert Michael van de Poppe is keeping a close eye on the charts. “We’re seeing higher lows, falling selling pressure, and key resistance levels getting tested,” he said. “Classic accumulation signs before a major move.”
Technical Patterns and 2025 Outlook
SHIB’s exchange reserves have dropped to around 88.3 trillion tokens, hitting multi-year lows. Fewer tokens on exchanges typically signal less selling pressure and potential price appreciation.
Crypto researcher Jane Murphy thinks this could be the start of a bigger trend. “We’re seeing reduced supply, aggressive whale activity, and strong
