Shiba Inu Flashes Six-Month Whale Spike as Price Holds Key Support

Shiba Inu is entering a potentially explosive period after on-chain data signaled the biggest whale activity surge since June.

The move coincides with a major shift in token balances on exchanges and a stabilizing price structure that could set the stage for heightened volatility.

New data from Santiment reveals an abrupt jump in large transactions exceeding $100,000, with 406 whale transfers recorded in a single day. At the same time, exchanges absorbed 1.06 trillion more SHIB tokens within 24 hours, signaling a rapid change in supply dynamics. Historically, this type of dual spike, rising whale activity and rising exchange supply, often precedes sharp market movements.

Whale Movements Hit Six-Month High

The surge in whale activity marks the most intense accumulation-and-distribution behavior Shiba Inu has seen since June 6. These large wallets tend to move early, often positioning ahead of volatility rather than reacting to it.

Santiment’s chart highlights two key developments:

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  406 whale transfers above the $100K threshold
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  A sudden 1.06T SHIB increase on exchanges, suggesting whales may be preparing liquidity for sizeable trades

When this pattern appeared earlier in the year, SHIB entered a multi-week volatility cycle. The same setup now raises expectations for another directional breakout.

Chart Structure Shows SHIB Holding Its Mid-Range Zone

The accompanying price chart from TradingView paints a clear picture of the recent consolidation phase. SHIB has been trading within a wide range throughout November and early December, slipping to a monthly low before rebounding into the mid-range.

Key observations from the chart:

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  The price is hovering around $0.00000877, a level that has repeatedly acted as a magnet across the past six weeks.
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  Despite multiple sharp dips, SHIB continues to carve out higher intraday recoveries, indicating steady demand.
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  Whale-driven volume spikes appear near the lower boundary of the range, matching prior accumulation behavior.

The technical setup suggests SHIB is coiling, not trending, a typical precursor to high-energy moves.

What Comes Next for Shiba Inu?

With SHIB ranked #24 by market cap, its liquidity profile makes it especially sensitive to whale behavior. This week’s combination of:

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  a six-month high in whale transactions,
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  a huge inflow of tokens to exchanges, and
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  a price structure sitting at a multi-week equilibrium level

creates a textbook environment for increased volatility.

Whether this resolves in a breakout or a deeper retracement will depend on how whales deploy the newly transferred supply. If large players rotate from exchanges back into cold wallets, that would signal accumulation. If exchange balances continue rising, traders may brace for heightened sell-side activity.

Either way, the data is clear: Shiba Inu volatility is about to pick up, and the market is now watching the whales for the next signal.