Usman Salis
SHIB whales just had a massive buying frenzy with inflows jumping 25,587% in one day, even as the token's price fell from $0.000016 to $0.0000139.
Something crazy just happened with Shiba Inu, and it has nothing to do with memes or Twitter hype. Big crypto whales quietly went on one of the most insane SHIB buying sprees we've ever seen.
On July 23, whale wallets sucked up tokens like there was no tomorrow. We're talking about net flows jumping from 18.29 billion SHIB the day before to a absolutely bonkers 4.68 trillion tokens. That's a 25,587% spike in just 24 hours, according to IntoTheBlock data.
Here's the weird part though – this wasn't some retail FOMO fest. These are the big players with wallets holding over 0.1% of SHIB's total supply. When these guys move, markets usually follow. But not this time.
SHIB (Shiba Inu) Price Does the Opposite of What You'd Expect
Now here's where it gets really strange. While whales were hoarding SHIB like it was going out of style, the price actually went the wrong way. It hit $0.000016 during all this accumulation, then dropped back to $0.0000139 by July 24th.
That's not how crypto usually works. When whales start buying trillions of tokens, prices typically rocket up. But SHIB did the complete opposite – massive accumulation, falling price. This kind of disconnect is pretty rare.
What this tells us is these aren't momentum chasers or panic buyers. This looks like smart money quietly building huge positions while they can still get decent prices. If you're planning to buy trillions of anything, you don't want to do it when everyone's watching and bidding up the price.
What This SHIB (Shiba Inu) Whale Move Really Means
So why are whales suddenly obsessed with SHIB? A couple of theories make sense.
Maybe they're setting up for what traders call a "structural breakout" – basically preparing for SHIB to break out of its current price range and shoot higher. When you see this kind of coordinated buying, it often happens right before big moves.
Or maybe smart money is just rotating into SHIB as a hedge or long-term play. With everything going crazy in traditional markets, some big players might be diversifying into crypto assets that move independently.
Either way, moving 4.68 trillion SHIB tokens represents serious money. These whales aren't buying lunch money – they're making massive bets.
What's encouraging for SHIB holders is that this accumulation happened during a price dip. That suggests these whales aren't just following trends – they're buying when others are selling, which is usually a good sign.
The timing's interesting too. While Bitcoin and Ethereum deal with their drama, meme coins like SHIB have been flying under the radar. This whale activity might be early positioning before meme coins get hot again.
Whether this leads to quick gains or sets up SHIB for bigger moves later, nobody knows. But when whales increase their buying by 25,587% in one day, they're definitely not doing it for kicks. They're positioning for something, and the rest of us should probably pay attention.
Usman Salis
