In early May 2025, Shiba Inu experienced a substantial increase in whale inflows, triggering notable market dynamics.
Whale Input Surge in SHIB
In early May 2025, whale inflows to Shiba Inu grew from 238.91 billion to 6.42 trillion tokens. Market analysis platforms such as IntoTheBlock highlighted this event. Large investors and holders, referred to as 'whales', were primarily responsible for this influx.
SHIB Price Climbs 11%
Following this inflow, SHIB's price rose by 11%, reaching around $0.00001400. Trading volumes increased by 81.69%, indicating significant interest. Open interest in SHIB derivatives also rose by 20.7%, pointing to heightened speculative actions from traders.
Historical Whale Accumulation Events
Historically, whale accumulation events have often preceded price rallies for SHIB, showcasing a pattern of market behavior following significant whale actions. Although there are currently no official comments from Shiba Inu developers, the overall sentiment in the community remains bullish, as indicated by the continued growth in unique SHIB holders despite market volatility.
Based on historical outcomes, this whale activity may foreshadow further market volatility and potential price increases for SHIB.
