- SHIB whale activity falls 79% in 90 days, price at $0.00001540.
- Shibarium burns 34M SHIB daily, burn rate up 134% recently.
- $SHIB rises 3% since Friday, trades at $0.00001540 now.
During the past 90 days, Shiba Inu ($SHIB) observed substantial reductions in whale network activity, amounting to 79% on Shibarium. Crypto analyst Ali Martinez shares a Santiment chart data that monitor large transactions. The chart shows that major wallets’ SHIB transfers exceeding $1 million have decreased sharply since early December 2024. This drop coincides with a price fall from $0.000033 to $0.000016, raising questions about big investor behavior in the meme coin market.
The reduction in whale transactions reflects lower activity from large holders. These moves often influence $SHIB’s price and liquidity. Investors now monitor blockchain data to assess whether this trend signals a temporary pause or a longer-term change in market dynamics as of February 2025.
Shiba Inu Whale Transactions and Price Impact
The 79% decline in Shiba Inu whale transactions on Shibarium impacts market stability. Large wallet activity, tracked since December 6, 2024, shows fewer high-value trades. This shift follows $SHIB’s price drop, suggesting whales may hold or reduce exposure.
The decrease in price to $0.000016 highlights weaker buying pressure from big investors. Analysts note this trend could limit short-term volatility but may challenge $SHIB’s growth. The crypto community watches for signs of whale re-entry to gauge future price movements.
Shiba Inu Burn Rate Surges Amid Whale Decline
The Shiba Inu community boosts burn efforts despite the drop in whale activity in Shibarium. Recent data from Shibburn shows the burn rate has risen by 133.66% in the last 24 hours. The community removes 34,245,582 SHIB from circulation, with major burns 20,423,263 and 13,046,414 tokens.
Over the past week, the weekly burn rate has increased by 120.3%. The community locks 128,221,396 SHIB in unspendable wallets. These actions aim to reduce supply, potentially supporting $SHIB’s value amid lower whale activity on Shibarium.
Shiba Inu Market Recovery Despite Whale Trends
Shiba Inu shows signs of recovery despite the decline in whale activity in Shibarium. The token gains nearly 3% since Friday, February 21, 2025. This uptick follows a 6.57% drop on Thursday indicating market stabilization efforts.
As of early Sunday, February 23, 2025, $SHIB trades at $0.00001540. Investors track these movements to understand if retail interest can offset the reduced whale activity on Shibarium.
