Key Developments in Shiba Inu Activity
- •406 whale transactions in 24 hours, the highest since June, with 1.06T SHIB poured onto exchanges.
- •SHIB burn rate spikes 1,822%, with 35M tokens destroyed in a day as volatility intensifies.
- •Analysts predict up to 11,600% upside toward $0.001 by April 2026, though near-term resistance sits at $0.000009.
Whale Activity Surges as Exchange Inflows Increase
In the ever-volatile world of meme coins, Shiba Inu (SHIB) is once again capturing headlines with a dramatic resurgence in whale activity. According to on-chain analytics from Santiment, SHIB recorded 406 whale transactions exceeding $100,000 in value on December, marking the highest level since June. This spike coincides with a net increase of 1.06 trillion SHIB tokens flowing onto exchanges, pushing the total supply held there to new heights and signaling potential fireworks ahead for the #24 ranked cryptocurrency by market cap.
Exchange Inflows Hit 1.06T SHIB
Whale movements like these often serve as a barometer for institutional sentiment, and SHIB’s latest surge is no exception. The influx to exchanges—contrasting with earlier reports of massive outflows—suggests large holders might be positioning for liquidity plays, either to capitalize on short-term pumps or hedge against downside risks. Over the past 24 hours, this net positive change has amplified trading volumes, with SHIB hovering around $0.0000085, a modest 0.5% dip amid broader market jitters. Yet, the underlying data paints a picture of brewing tension: while exchange reserves have dipped 15.6% overall this month to 287 trillion tokens—the lowest since April—yesterday’s inflow bucks the trend, potentially flooding the order books with sell-side pressure.
SHIB Burn Rate Jumps 1,822%
Adding fuel to the fire, recent whale sweeps have been aggressive. On December, a single entity vacuumed up 169 billion SHIB from Coinbase in six transactions totaling $1.49 million, a move that sparked speculation of an impending meme rally. This follows a broader 551% jump in large transactions involving over 1.6 trillion SHIB worth $18.24 million, underscoring renewed big-player interest despite delisting whispers from some centralized exchanges. Bullish catalysts aren’t in short supply either: SHIB’s burn rate exploded 1,822% in the last day, incinerating 35 million tokens and chipping away at the 589 trillion circulating supply.
Price Outlook Toward $0.001
The layer-2 solution, continues to hum with daily transactions, though they’ve softened 80% from June peaks, hinting at ecosystem maturation amid macro tailwinds like anticipated Fed rate cuts. For traders, this confluence screams volatility. October’s whale accumulation had hinted at a bull run, but December’s reversal—with a 6,894% spike in exchange inflows—exposed retail fragility. Analysts like Meme Whale eye a staggering 11,600% surge to $0.001 by April 2026, but near-term resistance looms at $0.000009. As SHIB dances on the edge, one thing’s clear: the Shiba army’s loyal, but whales hold the leash. Keep eyes peeled— this could be the spark for a holiday rally or a sobering correction.