Shiba Inu (SHIB), launched in August 2020 by the pseudonymous “Ryoshi,” is a meme coin that’s often compared to Dogecoin. While it lacks real-world utility, SHIB has built a strong following, with its price largely driven by social media buzz, community sentiment, and whale activity.
According to recent reports , crypto whales bought up 10.4 trillion SHIB tokens worth around $110 million when the price hit a 16-month low of $0.00001005. This large-scale accumulation triggered a 17% rebound, sparking speculation about a possible rally. As of July 2, 2025, SHIB is trading at approximately $0.00001135, with a 24-hour trading volume of $93 million. The recent price swings highlight the token’s ongoing volatility, with investor sentiment closely tied to short-term momentum and hype.
The recent accumulation of 10.4 trillion SHIB tokens by whales is turning heads it marks the largest single-day accumulation in five months . This buying spree happened as SHIB hit $0.00001005, its lowest price in 16 months, and triggered a 17% rebound, suggesting that whale activity may have influenced the sharp price movement. With a value of around $110 million, this signals a strong inflow of capital from large holders.
On the technical side, SHIB has printed an “inside week” candle a chart pattern where the current week’s price range is fully contained within the previous week’s range. This is often seen as a sign of consolidation, which may be a setup for a breakout. SHIB is also showing a descending triangle pattern, which, if broken to the upside, could indicate a bullish reversal on the horizon.
In crypto, whales large holders of a token can have a major impact on price movements. When they accumulate during price dips, it’s often viewed as a bullish signal, suggesting they expect a future rally. For Shiba Inu, a meme coin known for its high volatility, recent whale accumulation has sparked renewed investor optimism. Buying at low levels signals growing confidence among large holders, and some analysts believe this could be a setup for a potential bull run. Supporting this view is the Inside-Week Pattern, a technical signal that often appears before a breakout.
Beyond the recent price action, the Shiba Inu ecosystem itself is showing signs of robust development possibly explaining why whales are doubling down on SHIB. Shibarium, Shiba Inu’s layer-2 scaling solution, has experienced a 54% surge in network activity this month. This uptick signals growing usage and could be attracting whales who see long-term potential in the project’s expanding infrastructure.
At the same time, the Shiba Inu development team is actively building out the ecosystem. Ongoing work includes the rollout of decentralised applications (dApps) and consistent token burns, which aim to reduce circulating supply and increase scarcity. These strategic moves are designed to strengthen the tokenomics and support sustained price growth over time. Together, the combination of technical upgrades and a committed development roadmap may be reinforcing whale confidence and hinting at broader investor interest as the ecosystem matures.
For retail investors, the recent whale accumulation of SHIB presents a classic high-risk, high-reward scenario. On the upside, current prices could offer a strategic entry point if the token continues to rebound especially with growing bullish sentiment from influencers and analysts. However, SHIB remains a highly volatile, speculative asset, and investors should be prepared for potential sharp corrections. Meme coins can soar on hype but they can just as easily tumble without warning.
SHIB’s Next Move?
The fact that major investors “whales” have accumulated 10.4 trillion SHIB tokens shows they still believe in Shiba Inu’s value, even at its current price. Technical indicators suggest a possible price increase, and the growing Shibarium ecosystem adds to this potential. For everyday investors, this might be a good time to consider investing, but it’s crucial to do your own research, understand your risk tolerance, and invest wisely.
As the crypto market continues to change, keeping an eye on whale activities, network growth, and ecosystem developments can provide valuable insights into future price movements. Whether you’re an experienced trader or new to the market, staying informed is your best strategy in the unpredictable world of crypto.
FAQs
- What’s happening with Shiba Inu right now?
Whales have accumulated 10.4 trillion SHIB tokens worth $110 million, leading to a 17% price rebound to $0.000011. - Why are whales buying so much Shiba Inu?
The accumulation during a 16-month price low suggests whales see potential for a rally, possibly due to ecosystem growth like Shibarium. - Could Shiba Inu’s price surge soon?
Technical patterns like an “inside week” candle indicate a possible breakout, but a drop is also possible if support breaks. - Is it too late to invest in Shiba Inu?
Opportunities exist, but high volatility means risks; diversify and use stop-losses to manage potential losses. - What drives Shiba Inu’s price?
Community sentiment, whale activity, and developments like Shibarium’s 54% activity surge influence SHIB’s price movements.
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.