South Korea's largest crypto exchange, Upbit, carried out a large-scale transfer of 864 billion SHIB tokens, worth about $4 million, between its addresses. Previously, such a reorganization of Shiba Inu tokens on the exchange would hardly have attracted attention, but the events of last Sunday are forcing market participants to examine such movements much more closely.
In a boost for digital assets, customers of Dubai-headquartered Emirates Airlines can now book flights via its website and mobile app using cryptocurrencies.
Shiba Inu saw one of its biggest 2026 price performances this week after it registered a daily price surge of over 35%, drawing attention from market analysts.
SHIB fell 5.1% to $0.055028 as analysts watch for a breakout toward $0.00000714 following heavy whale activity.
Shiba Inu traded relatively flat Saturday as the broader crypto market continued facing volatility following recent liquidations across major digital assets.
Shiba Inu's double-digit percentage rally stumbled upon a previously-seen roadblock: the decisive level is here.
Shiba Inu's 37% rally sparked retail FOMO as whale activity surged and leveraged positions quickly unwound.
With about 835 billion SHIB moving through exchanges in the last 24 hours, Shiba Inu has documented yet another wave of enormous whale activity. The narrative that institutional-sized wallets are actively managing exposure around SHIB's recent breakout is reinforced by the most recent on-chain data, which reveals that large holders continue to reposition their assets at an exceptionally high pace despite exchange inflows and outflows remaining elevated.
Almost as quickly as it started, Shiba Inu's most recent attempt at recovery has faltered. SHIB has already given up a significant amount of its gains following an incredible 40% price increase driven by a 12-fold increase in trading volume.
Should traders be watching a key imbalance zone for signs of buyer demand?
The Shiba Inu token accumulated an increase of nearly 20% over seven days, ranking among the top-performing assets within the market's top 30. The project was launched on August 1, 2020, by the anonymous developer Ryoshi through the creation of 1 quadrillion ERC-20 tokens on Ethereum.
SHIB whales sell into a 37% rally as retail FOMO rises, while burn activity and resistance levels shape the market outlook.