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Shiba Inu Whales Move $26.6M—Is a SHIB Rally on the Horizon?

Arslan Butt•Wednesday, February 12, 2025•2 min read

Shiba Inu (SHIB) has been in a holding pattern lately, just like the rest of the altcoin market.

But on-chain data shows whale activity could change the sentiment and set the stage for a breakout.

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As of this writing, SHIB is at $0.00001574, down 0.54% in the last 24 hours. Despite the minor drop, the latest whale activity indicates a trend reversal in the short term.

Whale Transactions Surge by 20.69%

Recent data from IntoTheBlock shows 20.69% increase in whale transactions in the last 24 hours. These big moves have been $26.66 million worth.

Key Whale Activity Metrics:

  • 80 whale transactions recorded in 24 hours.
  • 1.69 trillion SHIB tokens moved within the same period.
  • 7-day volume high: 5.84 trillion SHIB.
  • 7-day volume low: 890.85 billion SHIB.
  • Minimum transaction size: $100,000.

One of the transactions was a whale moving 3 trillion SHIB, speculators are wondering if they are accumulating. If this continues, it could bring hope back to SHIB’s price.

Expanding Shiba Inu’s Ecosystem

Beyond market dynamics, Shiba Inu’s ecosystem is growing, and so is its long term potential. The memecoin, often overshadowed by Dogecoin, is expanding its use cases through partnerships and technology.

Recent Developments:

  • Shibarium Expansion: The Layer-2 blockchain continues to gain traction, reducing transaction costs and improving scalability.
  • UAE Partnership: A collaboration with the UAE’s Ministry of Energy and Infrastructure integrates ShibOS into digital operations.
  • Privacy Innovations: The adoption of Fully Homomorphic Encryption (FHE) aims to enhance user security and privacy.

These developments show SHIB is transitioning from a speculative asset to a utility token, attracting more institutional interest.

Shiba Price Chart - Source: Tradingview
Shiba Price Chart – Source: Tradingview

SHIB’s Path to a Potential Rally

The latest whale activity and Shiba Inu’s ecosystem growth means a price rally is imminent. With memecoins getting mainstream attention—asset managers filing for Dogecoin and BONK Leverage ETFs—SHIB could be next.If institutions see Shiba Inu’s fundamentals, SHIB could go back to $0.00002488 and beyond. Investors will be waiting for more whale accumulation and market catalysts to confirm.

Conclusion: Whale activity, utility and ETF narrative, SHIB is about to break out.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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