- Whale activity is up, but not a guaranteed pump.
- Network interest is down, yet accumulation is quietly rising.
- SHIB needs to break $0.0000129 to ignite a fresh rally.
Shiba Inu (SHIB) is stirring up the waters again—whale-style. During the early Asian trading hours on Monday, large transactions on the SHIB network spiked a whopping 95%, according to data from IntoTheBlock. About $7.75 million worth of SHIB was shuffled around by some of the biggest holders.
But the big question is—does this whale splash mean a SHIB rally is coming?
Whale Moves Don’t Always Mean Price Pumps
Looking back, this kind of whale activity has been a mixed bag for SHIB. In November 2024, large transactions jumped from 4 trillion to nearly 30 trillion tokens. The result? A 100% price rally—not bad, right?
Then again, on 6 January, something similar happened. Whale volumes surged from 1.5 trillion to 15 trillion… and SHIB actually dropped. Same story in March—big transactions, flat price. So clearly, not every spike brings the hype.
Basically, while Monday’s surge is exciting, it’s not enough on its own to call for liftoff just yet.
Network Activity Is Kinda… Meh
What’s more, address activity, which measures how many wallets are actually interacting with SHIB, has fallen nearly 30% in the last day. Right now, it’s hovering around October’s lows—just 4K active addresses. That’s… not super inspiring.
Still, there’s a silver lining. Despite the slowdown, some serious accumulation is going on behind the scenes.
Supply on Exchanges Drops = Quiet Accumulation?
Here’s where it gets interesting: centralized exchange balances have dropped hard—from over 140 trillion SHIB to under 100 trillion so far in 2025. At the same time, supply outside exchanges has shot up, meaning whales and long-term holders are likely moving their bags to cold storage.
Translation? A lotta SHIB is quietly being scooped up, and if any positive catalyst hits—like a market-wide pump or big news—we could see this thing rip.
Also, don’t forget about the ongoing token burn, which is helping reduce excess supply. That’s bullish, plain and simple.
Price Outlook: Eyes on the $0.0000129 Level
On the charts, SHIB has already jumped 23% this month, but there’s some tough resistance just ahead. The 50-day EMA—currently at $0.0000129—is proving to be a pain. That level also lines up with SHIB’s April high of $0.000013.
So, for SHIB to really break out and hit a new monthly peak, it’s gotta push above that resistance zone. If it does, we might be looking at a whole new leg up.
