Shiba Inu Buy Orders Pile Up! Will SHIB Breakout Without Whale Support?
Despite large investors (whales) seemingly MIA, Shiba Inu (SHIB) buy orders are continuing to stack up, fueling speculation of a potential bullish breakout. After a 6% surge in 24 hours, Shiba Inu (SHIB) price targets a bullish breakout from consolidation to trade at a weekly high of $0. . This positive momentum comes even as concerns linger about whale influence in the crypto market.
Whales MIA? Shiba Inu's Independence Emerges
A significant whale moved over 1.6 trillion Shiba Inu coin (SHIB) tokens worth about $39 million from Crypto.com to private wallets, reigniting conversations around the much-talked-about influence of large holders. While these movements traditionally spark volatility, the continued accumulation of buy orders suggests growing retail confidence in SHIB's long-term potential. Despite new approaches like play-to-airdrops (P2A), large investorsknown as whalescontinue to dominate many altcoins. The current activity raises the question: Is Shiba Inu proving it can thrive independently?
Shiba Inu Price Prediction: Bullish Breakout Imminent?
The rally follows a 530 trillion burn, further reducing the circulating supply and potentially driving up demand. A stronger rally could emerge if Shiba Inu capitalizes on renewed buying interest. Reclaiming $0. as support could push SHIB toward $0. , invalidating the current consolidation pattern and paving the way for further gains. Keep an eye on volume and buy-side pressure for confirmation of this potential breakout. Is SHIB poised to finally break free from whale dependency and forge its own path?