According to CryptoQuant data, Shiba Inu (SHIB) whales withdrew 174.8 billion tokens from exchanges. The move could be a sign that big wallets believe current prices to be a good entry point for the next upswing. Let’s discuss if Shiba Inu (SHIB) will finally recover after spending more than a year downhill.
Does Shiba Inu Whale Activity Signal A Recovery?
Whale wallets control a majority of SHIB tokens. Their movements have often dictated the coin’s trajectory. Movement of coins away from exchanges is often considered bullish as the chances of them being sold goes down. The latest accumulation also aligns with Shiba Inu’s (SHIB) price seeing some gains in the daily and 14-day charts.
The Shiba Inu (SHIB) whales may have reacted to the dip in US inflation figures which has led to a spike in investor confidence. CPI (Consumer Price Index) fell by 0.4% in June, the largest single-month dip in more than six years. The development has reinforced the anticipation of interest rates remaining unchanged. The whale wallets may have read the signal as a point of entry.
Can The Rally Sustain?
Shiba Inu (SHIB) has struggled to gain steam for more than a year. The asset climbed to $0.00003 in December 2024 but has been on a downward trajectory ever since. SHIB even failed to recover when Bitcoin (BTC) climbed to a new all-time high of $126,080 in October 2025.
Also Read: Can Shiba Inu’s Ecosystem Save The Token From Its Price Dip?
Shiba Inu’s (SHIB) latest rally may have brought some hope to investors, but the asset is far from recovered. Moreover, there are headwinds that may prevent the rally from sustaining itself. The US-Iran war, in particular, could pose a challenge. Oil prices are already rising and it could impact inflation figures for July 2026. If inflation rises again, the Federal Reserve could decide to raise interest rates. Shiba Inu (SHIB) could suffer under such circumstances.
Credit: Source link
