Shiba Inu’s Big Breakout: Can 1.8 Trillion Whale Buys Spark Off a $0.0001 SHIB Rally?

SHIB tests resistance at $0.00001434 as bullish daily patterns drive momentum Whale accumulation spikes 422% in one day, signaling growing investor confidence Analysts eye $0.00001718 short-term target, with $0.0001 long-term milestone in sight A massive wave of whale accumulation has hit the Shiba Inu market, with on-chain data revealing that large wallets have scooped up a staggering 1.81 trillion SHIB in just the last 24 hours. This buying spree, a 422% increase from the previous day, is fueling a bullish technical setup that has the token’s price pushing against key resistance. This new wave of optimism comes as SHIB has gained 15.65% over the past week. With a current price of $0.00001387 , the popular memecoin is showing renewed signs of strength. Whale Accumulation Drives Bullish Sentiment The on-chain data is fueling the bullish narrative for Shiba Inu. The 1.81 trillion tokens recently purchased by wallets holding more than 0.1% of the total SHIB supply marks a 1,247% increase in their buying activity compared to one month ago. Related: One Single Wallet Holds 41% of All Shiba Inu, a $5.5 Billion “Ticking Bomb” This surge in whale ac… The post Shiba Inu’s Big Breakout: Can 1.8 Trillion Whale Buys Spark Off a $0.0001 SHIB Rally? appeared first on Coin Edition .

Source: Coin Edition