$SHIB $SHIB

🐶 Shiba Inu Whale Transactions Over $100K Plunge as U.S. Inflation Data Looms

Shiba Inu’s “whales”—crypto holders responsible for massive on-chain transfers—have sharply reduced their activity this week, executing far fewer transactions above the $100,000 threshold. Over the past four days, these large transfers have dropped an astonishing 91.5%, falling from approximately 24.3 trillion SHIB on June 5 to just over 2 trillion SHIB by June 9 .

🔍 Market Dynamics Shift

This sudden pullback comes ahead of the much-anticipated U.S. Consumer Price Index (CPI) release for May, which analysts expect to show a rise to 2.5% year-over-year, up from 2.3% in April . Such a jump—driven in part by tariff impacts—could influence the Federal Reserve’s rate decision and potentially rattle broader risk assets, including cryptocurrencies.

🧠 What’s Behind the Pullback?

Risk reduction strategy: Whale wallets appear to be shifting into a risk-off posture—likely selling or exiting ahead of data that may stir market volatility .

Retail dominance emerging: With whales mostly sidelined, retail investors now control a larger share of SHIB volumes, heightening volatility and potentially amplifying price swings .

📈 Price Data & Technical Signals

Despite the drop in big-ticket transactions, Shiba Inu’s price has maintained a bullish technical setup:

SHIB recently broke resistance at $0.0000133, buoyed by a 975 billion SHIB volume spike and an ascending channel of higher lows ($0.0000129 → 0.0000132). The next target lies at $0.0000135 .

The token has also risen above its 100-day simple moving average, signaling bullish momentum .

Meanwhile, 1.5 million wallet addresses now hold SHIB—about 0.011% of the global population—underscoring its expanding community presence .