The price of Shiba Inu (SHIB) is showing signs of a potential breakout from its long-standing consolidation range, supported by several bullish catalysts — massive whale accumulation, a skyrocketing burn rate, and a noticeable decline in exchange-held SHIB.
📊 SHIB Approaches the End of a 4-Year Sideways Phase
Since 2021, SHIB has been trapped in a tight consolidation range between $0.000005 and $0.000096. Following its parabolic rise fueled by Vitalik Buterin’s burn of 400 trillion tokens, the meme coin has spent years trading sideways.
Now, however, there are signs that this consolidation may be ending. In 2024, SHIB broke above the $0.000014 resistance and is now attempting to turn it into support.
🚀 Bullish Scenario: New Highs on the Horizon?
For a confirmed trend reversal, SHIB needs to close above the $0.0000182 moving average. If it succeeds, the next target lies near $0.000037, with a potential path toward a new all-time high at $0.00025.
🐻 Bearish Scenario: Bitcoin’s Dominance Casts a Shadow
If Bitcoin continues to dominate market attention, it could divert capital away from meme coins, delaying SHIB’s breakout. In that case, SHIB could retest support near $0.0000055 and remain in consolidation.
🐋 Whale Accumulation Hits 530 Trillion SHIB: Supply Shock Ahead?
According to Santiment data, whales have accumulated 530 trillion SHIB since January 2025 — an enormous sum that reduces available liquidity. SHIB held on exchanges has dropped by 5 trillion to 141 trillion tokens, adding to potential upward pressure.
🔹 In 2021, SHIB’s epic rally was fueled by a massive supply burn.
🔹 Now, a similar pattern is emerging — rising demand and falling supply — a historically bullish combination.
🔥 Burn Rate Surges by 11,000%
Over the past 24 hours, SHIB’s burn rate exploded by over 11,000%, with more than 28 million tokens permanently removed from circulation.
This sudden spike adds to the bullish narrative, suggesting that another explosive rally could be near — especially since the 2021 breakout was also triggered by burn activity.
🧠 Bottom Line: A Breakout May Be Imminent
Shiba Inu is at a crucial inflection point. If momentum continues — driven by whale activity and burn acceleration — the meme coin could finally break free from its 4-year consolidation and chart a new bullish path. But if Bitcoin maintains dominance, SHIB may stay range-bound a bit longer.
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