- SHIB holds its demand zone at $0.00001225, but a break below $0.00001028 may trigger a sharper drop.
- Large transaction sizes surged, while sub-$10 volumes fell 12%, signaling retreating retail interest.
Over 3.6 trillion Shiba Inu [SHIB] worth $43.6 million was moved to Coinbase Institutional, while 100.45 billion SHIB valued at $1.21 million was sent to Binance by a dormant whale.
These large transactions emerged within hours of each other, stirring speculation about smart money exiting.
Naturally, dormant wallets activating after long periods often coincide with major sentiment shifts or distribution tops.
In this case, the timing and scale suggest whales may be offloading while retail activity thins out—creating a precarious setup near fragile support.
Can immediate sell pressure fall?
SHIB’s Exchange Reserve dropped 4.11%, with total reserves now valued at $1.076 billion.
This decline suggests reduced near-term selling pressure, as fewer tokens remain available for sale on exchanges. However, this could also reflect prior offloads or whale movements into cold storage.
Importantly, declining reserves alone do not indicate bullishness. In this context, falling reserves coincide with bearish price action and whale exits, complicating the interpretation.
Nonetheless, it offers short-term hope that aggressive dumping might temporarily ease while the market reassesses its direction.
Source: TradingView
SHIB: Whale activity vs. retail participation
Transaction size distribution shows a sharp increase in high-value SHIB transfers, especially in the $100K to $1M bracket, which rose by over 1,600%.
Smaller transaction bands, such as $1 to $10, declined by over 12%, suggesting retail interest is fading. These shifts usually emerge during distribution phases, when large players exit while retail interest weakens.
Moreover, if liquidity fails to absorb this volume, the risk of sharp moves intensifies.
In other words, whales are moving. Retail is not. And that could fracture support zones fast.
Source: IntoTheBlock
Will short interest continue rising?
SHIB’s Funding Rate dropped to -0.0036%, signaling that traders are paying to stay short, an increasingly bearish stance.
Historically, prolonged negative Funding Rates either precede sharp downside moves or fuel short squeezes during rebounds.
Liquidation activity shows minimal forced exits on both sides. Short liquidations reached $8.89K, while long liquidations were just $18.85 — nearly negligible.
These figures confirm that traders are avoiding high leverage or have already deleveraged significantly.
Therefore, the lack of aggressive liquidations indicates limited risk of a short or long squeeze in the near term.
Without enough forced pressure, SHIB is unlikely to experience explosive price movements.
Source: CoinGlass
Can SHIB rebound from the demand zone?
SHIB hovered around $0.00001225, sitting right above its historical demand zone near $0.00001028.
This level aligns closely with the 1.0 Fibonacci retracement, making it a technically significant support. Stochastic RSI is deep in the oversold zone, indicating a potential for price relief.
However, bearish momentum persists, and a failure to defend this demand area could push SHIB toward the 1.618 level at $0.00000573.
Therefore, although the zone offers bounce potential, broader market sentiment must improve to confirm a sustainable reversal.
Source: TradingView
SHIB faces a critical inflection point.
Whale exits, rising short interest, and retreating retail support paint a bearish picture. However, the price now rests on a major demand zone, backed by oversold technicals and declining reserves.
What happens next hinges on buyer reaction.
A rebound from here could trap bears and spark short-term relief. But a breakdown below $0.00001028 might accelerate the descent into deeper Fibonacci levels.
