Shiba Inu Whales Buy 8.36 Billion SHIB in One Hour: What's Driving the Accumulation?
Have Shiba Inu whales been on a buying spree? Recent data suggests significant accumulation of SHIB tokens, with a notable spike in activity. On April 23, 2025, amidst a generally cooling crypto market, whales purchased a staggering 8.36 billion SHIB within just one hour, according to data highlighted by U.Today. But this isn't an isolated incident.
Whale Accumulation Trends: More Than Just One Day
This surge follows a pattern of increased whale activity throughout the year. For example, on December 9, 2025, Shiba Inu’s price jumped after whales accumulated a massive 1.136 trillion SHIB. Furthermore, July 29, 2025 saw Shiba Inu whales acquiring approximately 1.1 trillion SHIB tokens (worth around $9 million) over two months, possibly anticipating developments like Shibarium. Developers are actively working on solutions; remember the testnet bridge launch from April 24, 2025?
In another instance on April 24, 2025, reports surfaced of four separate transactions showing whales snapping up 1.06 billion, 4.9 billion, and two transactions moving 1.2 billion SHIB each. These movements showcase a continuous interest from large holders in Shiba Inu.
What's Fueling the Shiba Inu Whale Buying Spree?
Several factors could be contributing to this renewed interest. One factor is the potential for price breakout supported by the Shib burn rate. May 22, 2025, data from Shibburn revealed a rapidly surging SHIB burn rate in the last 24 hours, indicating a potentially bullish trend. While on May 21, 2025 there were concerns of capital inflows dropping to 163 billion SHIB tokens, in the spot market there were also positive order imbalances, with buyers purchasing 338.28 billion SHIB and sellers offloading 326 billion (May 20, 2025).
Technical Indicators and Market Sentiment
From a technical perspective, reports on February 7, 2025 showed that the SHIB price was approaching a critical support level, with the RSI at 30.68, potentially signaling oversold conditions. This could also be incentivizing whales to buy the dip, hoping for a price rebound like the explosion on the scene on March 14, 2025 with aggressive accumulation riding a wave of surging prices.
The Future of Shiba Inu and Whale Activity
Ultimately, the continued accumulation by Shiba Inu whales demonstrates confidence in the long-term potential of the project. Whether driven by anticipation of Shibarium, increased token burning, or technical factors, this trend is worth watching closely for anyone interested in the future of Shiba Inu.