Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a staggering 2025% surge in large holder inflows, signaling renewed interest from large holders, referred to as whales. This sudden spike has sparked speculation about what might be going on and what it means for SHIB's next move.

Large Holders Inflow, Courtesy: IntoTheBlock

According to IntoTheBlock data, Shiba Inu large holder inflows, which estimate the funds flowing into whale addresses, increased by 2025% this week, reaching 6.26 trillion SHIB on March 20.

Related
Fri, 03/21/2025 - 14:39 Shiba Inu Whales Revive With 1,448% Surge in Netflows: Details
Tomiwabold Olajide
HOT Stories 85% of Shiba Inu (SHIB) Addresses Not Profitable – Why? XRP Returns to $2.40 in Price U-Turn: What Comes Next? Bitcoin ETFs Record Nearly $1 Billion in Inflows: Details Major Dogecoin (DOGE) Move Incoming, XRP: Pivotal Moment Decides Everything, Shiba Inu (SHIB) Volatility About to Explode

The increase in large-holder inflows may have two implications: large-holder inflows could indicate that considerable buying activity is taking place. This is the case because many of these addresses buy on centralized exchanges and subsequently transfer their purchases to cold storage.

Spikes in Large Holders Inflows can also indicate price bottoms because whale addresses prefer to buy in large quantities after significant corrections, impacting inflows.

SHIB price action

At press time, SHIB was up 1.63% in the last 24 hours to $0.00001274 as several digital assets traded in the green, reversing Friday's declines. Shiba Inu has largely traded in a range since its decline from a high of $0.00001382 on March 16.

Related
Fri, 03/21/2025 - 13:20 551,000,000,000,000 Shiba Inu (SHIB) Level: What to Expect?
Arman Shirinyan

Since March 18, the range has tightened, with SHIB trading between $0.00001227 and $0.000013 as traders wait for the market's next move. With renewed whale interest, all attention is focused on SHIB's next resistance levels. If momentum continues, SHIB could see further gains, potentially testing key price targets shortly.

That said, a break above the 50 and 200 moving averages around $0.00001448 and $0.00001915 would be the first indicator of bulls' recovery. In the case of a decrease, support is expected at $0.0000108, which stopped SHIB's price drop on March 11.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。