Shiba Inu (SHIB) Whale Inflows Dropped 83% in the Past 30 Days, Stalling Market Activity

IntoTheBlock data confirms that this decline began in early May. Both inflows and outflows fell together, signaling reduced movement of tokens by large wallets.

Shiba Inu (SHIB) whale inflows have dropped a whopping 83% in the past 30 days, decreasing from 8 trillion SHIB to less than 2 trillion, as reported by IntoTheBlock. Outflows have also fallen by over 80% in the same period.

This substantial decline in large holder activity began in early May, as confirmed by IntoTheBlock’s data on SHIB inflows and outflows. Both fell together, signaling less movement of tokens by large wallets, which aligns with the broader contraction in liquidity and lower trading participation from whales.

This step back from large holders leaves retail participants handling most of SHIB’s current market volume, explaining the lower trading activity and smaller price shifts in recent weeks.

Shiba Inu Price Trades Below Key Resistance At $0.00001596

On Friday, Shiba Inu (SHIB) remained below its long-term resistance of $0.00001596, trading around $0.00001450 on the 4-hour chart. The chart, which can be accessed on TradingView, showed multiple failed attempts to break through the resistance since late April, forming a clear consolidation pattern.

The current price point sits just below the 50-period Exponential Moving Average (EMA), which is marked at $0.00001466. This EMA acts as dynamic resistance, repeatedly rejecting upward moves.

SHIB is now locked in a tight range, with no clear bullish confirmation or sustained breakout. The trading volume remains low, with just 2.97 billion SHIB changing hands at the time of writing.

The volume bars show a declining trend over the past few sessions, confirming the lack of momentum. This weakening activity coincides with the broader drop in large holder participation and reduced whale inflows, according to recent on-chain metrics.

From a technical perspective, SHIB’s sideways movement began after the price failed to hold gains from the May 13 rally. Since then, the token has moved mostly between $0.00001400 and $0.00001500, struggling to establish a higher low or close above key levels.

The chart also shows a narrowing structure, suggesting increasing indecision among traders. Until SHIB reclams the $0.00001466 EMA with strong volume support, the market may continue in this low-volatility zone.SHIB Liquidity Shrinks As Bitcoin Dominance Reaches 52%

Shiba Inu (SHIB) is facing lower liquidity as Bitcoin’s dominance climbs to 52%, based on data from CoinMarketCap.

As more capital flows into Bitcoin (BTC), altcoins like SHIB experience reduced visibility and market activity. This shift in market share has brought BTC’s dominance to a 13-month high, while altcoins face pressure to maintain their value and trading volume.

This increase in BTC dominance has coincided with a notable decline in SHIB whale inflows. Large holders appear to be stepping back from the asset, with fewer significant token movements recorded in recent weeks.

As a result, SHIB has struggled to generate strong price action or volume. The token has remained in a limited trading range, with low buying pressure to spark a breakout.

Meanwhile, the broader altcoin market has also felt the impact. Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) have lost share as BTC regains control of market capital.

However, SHIB has seen a sharper decline due to limited ecosystem updates and low development activity in May.

The reduced engagement from large holders reflects the shift in market focus. With attention now on Bitcoin, SHIB remains under pressure, unable to attract high-volume inflows or initiate breakout moves.SHIV Burn Rate Surges Over 12,700% As 53.9 Million Tokens Removed

On Friday, Shiba Inu’s (SHIB) burn rate surged by 12,715.49%, according to data from Shibburn.com. In the last 24 hours, the network burned a total of 53,913,481 SHIB, permanently removing the tokens from circulation.

The spike reflects a sharp increase in daily burn activity compared to the previous period. Visual data from Shibburn shows a clear upward trajectory, with the burn count nearing 60 million SHIB over a single day.

However, despite the burn activity, SHIB’s market response remained muted. The trading volume stayed low, and the price showed little movement across major exchanges.

The data points to a lack of immediate market reaction, with whale inflows and broader participation still limited.

This burn event followed a similar case on May 24, when 37,959,900 SHIB were destroyed, marking a