🔹 The SHIB holder population has shrunk by 20%, but the return of big players is shifting the tides.
🔹 In just one day, whales bought 1.93 trillion tokens.
While the memecoin Shiba Inu [SHIB] has lost over 20% of its value in the past month, large investors are making a comeback – and they’re not coming empty-handed. According to data from IntoTheBlock, there was a massive spike in whale buying activity in just one day, with wallets adding an impressive 1.93 trillion SHIB tokens.
📉 Prices Are Falling, but Interest Is Growing
Shiba Inu has been in a downward trend for three weeks, currently trading around $0.00001259. From its local high of $0.00001764, the memecoin has dropped by more than 20%. However, this hasn’t deterred the big players – quite the opposite.
Just two days ago, inflows from large holders were only 42 billion SHIB – the lowest point in a month. But in the past 24 hours, the situation has completely reversed. Whales have kicked off massive buying, driving inflows up to 1.93 trillion SHIB.
🐳 Whales Are Buying – and the Market Is Responding
This turnaround suggests renewed confidence in the memecoin from the market’s biggest players. The net flow of tokens – the difference between purchases and sales – reached a monthly high of 1.92 trillion SHIB. That means whales sold just 8 billion tokens, while accumulating the rest.
This is a key signal: major investors are expecting a price increase and are buying accordingly – often a precursor to a market rebound.
📊 Accumulation Trend Spreads Across the Market
This buying frenzy isn’t limited to whales. The total spot net flow of SHIB on exchanges dropped to -$2.7 million in the last day, meaning more tokens were withdrawn from exchanges than deposited. This typically signals that investors are not planning to sell immediately – instead, they intend to hold and wait for a price increase.
📈 Will This Boost SHIB's Price?
In the short term, yes – SHIB’s price has risen 1.03% in the past 24 hours. This slight uptick comes after a prolonged decline and could mark the start of a recovery, assuming buying activity continues.
If demand holds and whales keep accumulating, SHIB could attempt to break the resistance at $0.000013. On the other hand, if major players begin taking profits and selling, there’s a risk of falling below the support at $0.000012 and heading toward $0.0000119.
Summary:
The return of large investors to SHIB is bringing fresh hope to the market. If the accumulation trend continues, Shiba Inu could be on the verge of a new bullish cycle.
#SHIB , #Shibarium , #memecoin , #CryptoMarket ,#CryptoWhales
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