🐶 SHIB on-chain surge! Whales are moving frequently, is price volatility on the way?

Recently, SHIB (Shiba Inu coin) has been astonishingly active on-chain! In the past 24 hours, the total transfer volume reached 3,477,149,925,825 SHIB 😱, what does this mean? Equivalent to tens of trillions of tokens 'moving house' on-chain, making the market ecstatic 💥. So, what does this on-chain surge mean? Will the price soar crazily? Let’s break it down together 🔍.

🔹 What is SHIB on-chain surge?

The so-called on-chain surge refers to a rapid increase in token transfer volume 📈. In the case of SHIB, 34.7 trillion tokens were moved within just 24 hours, and this level of activity usually has a few possible reasons:

  1. Whale activity 🦈: Large wallets are adjusting positions, accumulating, or reallocating assets.

  2. Retail activity 💃: Small amounts of funds frequently entering and exiting will also push up on-chain transfer volume.

  3. Market accumulation period 💎: A large number of tokens are turning to cold wallets or internal custody accounts, laying the groundwork for future price trends.

Simply put, a surge in on-chain transfers does not equal an immediate price spike ⚡, but it reflects an increase in market participation, and the possibility of short-term volatility is rising.

🔹 Relationship between on-chain activity and price

So, will such a large transfer volume directly affect the price? The answer is not necessarily directly correlated. Why?

  • If transfers mainly occur between exchanges, it could mean a potential sell-off at any time, putting pressure on the price 📉.

  • If transfers flow to cold wallets or internal custody accounts, it indicates accumulation in secret, the price may not react much in the short term, but the long-term potential is great 💰.

Currently, the price of SHIB is still consolidating around $0.0000125, the chart shows:

  • Moving average is narrowing 📊

  • RSI indicator is neutral ⚖️

  • The upward trend line is acting as support and has not been breached yet

In other words, on-chain activity is booming, but the price has not confirmed a breakout 🚦, the market is in a wait-and-see phase.

🔹 Healthy on-chain movement

Although the price has not surged yet, on-chain indicators show that this spike is a healthy on-chain movement 👍:

  • Daily transfer volume ranges from billions to trillions, with a recent peak of approximately 34.7 trillion

  • Indicates that the ecosystem is experiencing active participation, rather than a singular anomalous event

  • Large institutions and retail investors are simultaneously active, short-term volatility may intensify

It can be said that the market is 'silently doing its homework', large holders are positioning, and retail investors are following, the future market may bring more momentum 🌪️.

🔹 The role of whales

Whale's large-scale transfers typically fall into three categories:

  1. Accumulation 🦈💎: Buy more tokens for future upside potential

  2. Redistribution 🔄: Move assets between different wallets to optimize positions

  3. Sell-off 💸: Transfer tokens into exchanges to release selling pressure

Historical data shows that the accumulation or redistribution phase of large holders often precedes significant price volatility 📈. Therefore, when we see a surge in on-chain transactions, short-term volatility may increase, but whether it continues to rise must be confirmed by the price.

🔹 Price observation points

Traders should pay attention to several key levels:

  • Support level: $0.000011 🛡️

  • Resistance level: $0.0000135–$0.0000141 🚧

If on-chain accumulation dominates, the price is likely to break through resistance and retest the upward range; conversely, breaking below support may bring the risk of a pullback ⚠️.

🔹 Trading strategy tips

In the face of on-chain surges, how to operate?

  1. Observe exchange flows 🏦: Confirm if funds are flowing into exchanges, affecting selling pressure

  2. Combine with price structure 📊: Is there an upward trend line, is the support level solid?

  3. Watch RSI and moving average indicators ⚖️: Is the market overheated or neutral?

  4. Short-term light positions can participate 💼: If on-chain accumulation is significant, consider small follow-ups.

  5. Long-term holding mentality 🐶💎: Locking in potential, avoiding chasing highs in the short term

Simply put, on-chain activity + exchange fund inflow + bullish price structure = higher probability of price increase 🔥

🔹 Summary

This wave of #SHIB on-chain surge tells us several key points:

  1. Market activity is rising 📈: Whales and retail investors are jointly driving on-chain activity

  2. Price has not confirmed ⚠️: Consolidating at $0.0000125, need to wait for a breakout

  3. Potential accumulation signs 💎: A large number of tokens are flowing to cold wallets, which may trigger volatility in the future

  4. Trading strategy 📝: Make decisions based on on-chain data, price structure, and exchange flow

💬 In summary: SHIB on-chain trading is skyrocketing, and the market is quietly accumulating energy ⚡, short-term volatility

Possible incoming, but price confirmation is the final signal 📡. Traders should remain rational, focus on key support and resistance levels before taking action.