Shiba Inu Whale Activity Sparks Speculation Amid Token Surge

Shiba Inu (SHIB) is back in the spotlight following a surge in whale activity, hinting at a potential trend reversal. In the past 48 hours, over 160 billion SHIB tokens have flowed into the asset, signaling renewed accumulation by large holders. On-chain data from IntoTheBlock reveals that SHIB’s daily netflows have climbed to over 80 billion tokens—a sharp increase after a prolonged period of stagnation.

Currently trading around $0.000012, SHIB is showing signs of resilience, holding above critical support zones despite still trailing key moving averages. This price stability, combined with intensified whale buying, has sparked increased interest from retail investors as well. However, it’s important to note that while short-term netflows are trending positively, long-term metrics remain in negative territory, casting some doubt on the sustainability of this recovery.

The spike in buying activity may suggest a shift in market sentiment, but questions persist about the token’s long-term prospects. Despite growing market participation, the SHIB ecosystem continues to suffer from a lack of meaningful innovation, which may limit its ability to maintain momentum.

Traders are watching closely for confirmation of a breakout or reversal, as Shiba Inu attempts to reclaim technical strength. Whether this influx of tokens marks the beginning of a lasting uptrend or just a temporary bounce remains to be seen. Still, the sudden whale interest is enough to keep SHIB on the radar of crypto analysts and investors alike.