Shiba Inu is seeing renewed interest from large holders, commonly known as whales, as significant movements of SHIB have been recorded across major exchanges. Data from the last 24 hours indi
Shiba Inu is seeing renewed interest from large holders, commonly known as whales, as significant movements of SHIB have been recorded across major exchanges. Data from the last 24 hours indicates that the ten largest inflow transactions to exchanges accounted for a combined 10.44 billion SHIB, marking a 1.51% uptick compared to the previous period. This notable volume reflects a decisive return of whale-driven activity in the SHIB ecosystem.
Broader exchange flows show an active yet relatively balanced market. In total, centralized exchanges recorded 460.69 billion SHIB in daily inflows, up 1.37%, while outflows reached 419.33 billion SHIB, increasing 1.19% over the same period. This leaves a net inflow of 41.36 billion SHIB, but the netflow metric itself declined 2.83%, indicating the gap between incoming and outgoing tokens is narrowing.
The average size per inflow transaction has grown 1.65% to 1.94 billion SHIB, while the average outflow stands at 713.26 million SHIB. This discrepancy suggests whales or other large investors are making sizable deposits in single transactions, while withdrawal activity remains more fragmented.
Exchange reserves now sit at 87.66 trillion SHIB, up 0.05%. However, the dollar value of these holdings stands at approximately $505.77 million, reflecting a 0.81% decline as SHIB’s market price softened. Active addresses climbed 0.96% to 753, and the seven-day trend highlights a clear uptick in activity from SHIB holders. The reported burned supply metric remains unchanged.
Shiba Inu is currently trading at $0.00000578, pulling back after reaching a high of $0.00000627 at the end of September. The token is holding just above its 200-day moving average set near $0.00000565. This level has served as a significant pivot point for SHIB and is closely watched by market participants for potential trend direction.
Shorter-term moving averages are rising below current prices, ranging between $0.00000523 and $0.00000557, creating a layered support band. The Relative Strength Index (RSI) is positioned around the midpoint, reflecting a neutral stance. Meanwhile, trading volume has waned, highlighting a lack of momentum for a sustained move in either direction.
Large inflows by whales onto exchanges typically raise questions over future selling, since tokens must be transferred to exchanges to be liquidated. However, such moves may also represent repositioning in preparation for further accumulation or liquidity provision, especially when prices are holding at or above technical support.
The 200-day moving average remains the crucial level for SHIB. If the token maintains support above this threshold, a retest of $0.00000600 to $0.00000627 could follow. On the other hand, a close below this line would refocus traders on the $0.00000557 and $0.00000537 support zones. Sharp monitoring of netflow direction in the coming days is expected to provide more insight into market intent.
Beyond technical levels, timing and investor behavior continue to shape the landscape in the meme token market. For example, trends can quickly translate into major profits for small investors. Data from Fomo App highlights a well-known trade that turned an initial $99 investment in “Niu Lai” into around $370,000, underscoring how swiftly capital can flow in this space. Investors increasingly track the timing as well as specific token choices to better understand momentum. Fomo App provides a unified platform for discovery and trading of trending meme tokens, enhanced by integrated social feeds, investor rankings, and instant trade alerts. This combination is considered valuable for those seeking to monitor meme token dynamics and investor moves in real time.
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