Ethereum News Today: SHIB Whale Inflows Surge 604% as Price Stabilizes Near Key Support

Shiba Inu (SHIB) experienced a dramatic 604% surge in whale inflows within 24 hours on August 5, 2025, marking a significant shift in market dynamics [1]. According to COINOTAG analysis, this accumulation has been concentrated near the $0.000012 price level, a critical support zone that may serve as a catalyst for an upward reversal [1]. Whale inflows increased from 70.34 billion to 425.54 billion SHIB in a single day, while the price remained relatively stable, fluctuating only slightly between $0.0000118 and $0.0000126 [1].

The surge in whale activity contrasts with the outflows observed in late July and early August, suggesting renewed confidence among large holders [1]. This shift is notable given SHIB’s historical volatility and the skepticism often surrounding meme coins. The stabilization of price around $0.000012 indicates that whales are accumulating quietly, positioning for a potential breakout without triggering immediate price spikes [1]. The netflow chart further supports this, showing inflows now exceeding outflows—a positive sign for SHIB’s short-term prospects [1].

COINOTAG analysts highlight that the $0.0000118 to $0.0000126 price range is crucial for SHIB’s short-term trajectory [1]. This zone has historically acted as a support level, and sustained buying from major holders could lead to a test of the next resistance at $0.0000135 [1]. If this range holds and whale accumulation continues, it may signal the beginning of a trend reversal, with further upward momentum likely if the price breaks above $0.0000126 [1].

Investors are advised to closely monitor whale activity and price movement in the coming weeks [1]. A sustained increase in inflows and a confirmed breakout above $0.0000135 could validate the bullish outlook. However, it is still too early to declare a definitive trend change, and continued observation of both inflow and outflow patterns remains essential for predicting SHIB’s next move [1].

The recent accumulation trend is not isolated to SHIB alone. Mitrade reported that top-tier whales have also been increasing their positions in Ethereum and XRP, signaling a broader shift in capital from major cryptos to smaller altcoins [1]. This pattern has historically preceded significant price uptrends, and it suggests that SHIB may benefit from a broader altcoin rally if market conditions continue to favor speculative assets [1].

While SHIB has not yet outperformed larger altcoins like Dogecoin or Ethereum, its recent whale activity is a positive development for near-term sentiment [1]. Analysts note that whale behavior often serves as a leading indicator of market direction, and the current data supports the possibility of renewed momentum for SHIB in the coming months [1].

The broader crypto context also reinforces the significance of these inflows. Institutional investors have been showing increased interest in altcoins, with Ethereum experiencing similar whale inflow trends [1]. As the bull run continues and crypto ETFs attract more capital, SHIB’s position as a high-volume, low-cost meme coin may give it unique exposure to a potential altcoin season [1].

In summary, the 604% surge in SHIB whale inflows represents a pivotal moment for the token. With major holders accumulating near a key support level, the market shows early signs of stabilization and possible upward momentum. While it is premature to confirm a trend reversal, on-chain data indicates that SHIB is being positioned for a potential breakout, making it a key asset to monitor in the evolving crypto landscape [1].

Source: [1]Mitrade (https://www.mitrade.com/insights/news/live-news/article-8-1013935-20250805)