Over the course of the last 24 hours, Shiba Inu recorded gross exchange inflows of about 2.4 trillion SHIB as its price abruptly increased from about $0.0000042 to $0.0000054. Nevertheless, the information does not indicate that a single identifiable whale made the full deposit.
Shiba Inu spiked 36% on Sunday. No announcement.
Memecoins could be entering a new phase as SHIB's breakout and rising derivatives activity reshape market sentiment.
Shiba Inu experienced a dramatic 36% price increase on Sunday, rocketing from under $0.0000042 to peak at $0.0000058. This represents SHIB's strongest price level in more than two months.
The analysis of Shiba Inu (SHIB)'s token distribution reveals an asymmetry that extends beyond mere on-chain statistics. Current data, corroborated by wallet-tracking metrics such as Etherscan, indicates that an extraordinarily small set of addresses concentrates the vast majority of the circulating supply.
Shiba Inu has recently flipped negative and its key exchange activity shows that demand is on pause and traders are increasingly selling again.
Shiba Inu price is approaching another make-or-break moment as improving on-chain activity begins to challenge months of persistent bearish sentiment. While fresh data points to growing community participation behind the scenes, the meme coin continues to trade beneath a critical technical barrier that has repeatedly capped every recovery attempt this year.
Shiba Inus are once again getting close to a significant milestone that seemed unattainable only a short time ago. Exchange reserves have fallen to about 86.1 trillion SHIB, according to the most recent on-chain data, putting the network dangerously close to dropping below the 100 trillion threshold, a level that previously seemed unachievable given the massive circulating supply.
A Shiba Inu whale has returned after an eight-month pause and started accumulating SHIB through Binance liquidity channels. The wallet now controls more than 50.25 billion SHIB tokens, valued at approximately $209,200. The accumulation comes as SHIB trades near long-term support levels, attracting strategic buyers focused on potential recovery opportunities.
Not significant in quantity terms, but notable as a trend in itself, an on-chain maneuver has been recorded in the Shiba Inu market, as a large investor broke an eight-month silence to begin quietly and systematically buying SHIB tokens, data by Arkham confirms.
Shiba Inu is trading on a downside trajectory, showing a decent decrease in its price over the last 24 hours, but its exchange activity is printing a different signal.