The activity of SHIB whales reached an unprecedented 8,866% within just 24 hours, signaling potential changes in the market. The outflow from large holders surged overnight from 9.27 billion SHIB to 798.22 billion SHIB, raising concerns about Shiba Inu's price target and potential downside risks.
SHIB whale activity, price targets, burn impact, and Shibarium updates
Surge in SHIB whale activity shocks the market
The sharp spike in SHIB whale activity is one of the largest single-day increases in liquidity from large holders this year, with wallets defined as holding over 0.1% of SHIB's total supply. This includes mainstream exchanges like Coinbase, Binance, and Robinhood. This surge actually indicates that retail investors are withdrawing tokens from exchanges rather than panic selling, which typically suggests a long-term bullish stance on Shiba Inu's price target.
Shibarium partnership update drives ecosystem development
At the time of writing, Shytoshi Kusama also revealed a new partnership focused on the smart infrastructure within Shibarium. This collaboration update with Shibarium aims to enhance the environment and data privacy for specific applications supported by the TREAT token.
Lucy said:
"As the Shib Alpha Layer progresses and TREAT powers the next phase, the Shib ecosystem is entering a new stage."
This collaboration will accelerate Shibarium's capabilities, and the upcoming Position DEX will introduce trading, farming, and even community incentives to strengthen the DeFi ecosystem.
The impact of SHIB burns on liquidity in the pool
The SHIB burn mechanism currently relies heavily on the BONE-SHIB liquidity pool on ShibaSwap. The enhancement of liquidity is directly related to more consistent token burns, which helps reduce the circulating supply. This burning activity generates exchange fees for liquidity providers while supporting the two core tokens required by Shibarium.
The price target is at risk of adding another zero
Current technical analysis shows concerning patterns in SHIB's target price. SHIB faces resistance at $0.000015 and the 200-day moving average; if the support level is lost, it could drop to $0.0000120. The impact of SHIB burns and the ongoing activity of SHIB whales will determine whether the token can avoid another decline from its current valuation.
The record of SHIB whale activity, the new Shibarium partnership update, and key price levels combine to create critical moments for SHIB's future development trajectory.
