Shiba Inu Whales Are Making Waves in the Market, With On-Chain Data Revealing a Near 800% Surge in Net Flows

This dramatic uptick suggests large holders are positioning themselves for potential gains, despite a bearish market trend.

Shiba Inu (SHIB) whales appear to be making a move, with on-chain data from IntoTheBlock revealing a staggering nearly 800% spike in large holder net flows.

Shiba Inu Whales Show Strong Accumulation Despite Bear Market Trend

While the crypto market trend remains bearish, on-chain data from IntoTheBlock has unveiled a surprising statistic—a massive 784.8% surge in large holder net flows for Shiba Inu.

This metric tracks the net difference between tokens moving into and out of wallets classified as belonging to large holders, typically defined as entities holding between 0.1% and 1% of the circulating supply.

Such a large positive swing strongly implies that these major players, viewed collectively, acquired far more SHIB than they sold or moved elsewhere during the monitored period. It’s often interpreted as active accumulation.

This backs up the claim that Shiba Inu whales are getting more active, with large holder inflows—tokens moving directly into whale wallets—showing a 315.4% increase. Both increases suggest that these large-scale investors are actively growing their positions.

This kind of activity is often viewed by analysts as a sign of bullish sentiment. Whales, with their market breadth and resources, are betting on future developments that could push SHIB’s value higher. Their large-scale accumulation could reflect a belief that SHIB is currently undervalued or that major news is imminent.

Market Dynamics: Whale Influence and Community Strength

Shiba Inu whales already control 58.48% of the circulating SHIB supply, according to CoinMarketCap analytics. This concentration of holdings gives them substantial influence over price movements. When they buy or sell in bulk, the market feels the impact, especially in the short term.

But whales are not the only force driving Shiba Inu’s market. A large and committed retail community also plays a pivotal role. CoinMarketCap data shows that 76.88% of SHIB holders are long-term investors, having held their tokens for over a year. This loyalty adds stability to the ecosystem, balancing out the short-term volatility caused by whale movements.

The nearly 800% spike in whale net flows doesn’t guarantee a price surge, but it does suggest heightened market interest. As Shiba Inu whales continue to accumulate, the market will closely watch to see if their confidence translates into sustained upward momentum for SHIB.