Shiba Inu recorded its strongest wave of whale transactions since the 6th of June, and the spike signaled a shift in large-holder behavior.
Santiment reported 406 whale transfers above $100k, alongside over 1.06 trillion SHIB net increase on exchanges. That flow showed clear repositioning by large traders.
Although heavy inflows often spark uncertainty, the chart showed Shiba Inu [SHIB] respecting key structural zones rather than collapsing into sell-side pressure.
Whale activity often led direction during compressed volatility phases, and SHIB remained within such a setup.
That consistency gave traders a clearer read on underlying demand, although the price still needed confirmation above the retest area.
Breakout retest defines SHIB’s next step
SHIB broke out of its falling wedge and retested the upper boundary, creating a decisive validation point.
The breakout followed weeks of compression, and the retest now tested whether buyers defended that shift.
Price reacted repeatedly near $0.00000883, a zone visible on the chart. On top of that, the pattern typically held when buyers protected that boundary cleanly.
MACD tilted upward on the daily timeframe, and the histogram pulled away from earlier flattening.
That alignment helped traders gauge whether momentum might transition into clearer upside.
Even so, the price still moved inside a narrow band. The structure favored continuation only if buyers held the retest zone.
Source: TradingView
Shiba Inu CVD confirms aggressive buy-side absorption
Taker Buy CVD maintained buyer dominance across the 90-day window, and this behavior reinforced the underlying strength behind every bounce.
Buyers repeatedly absorbed dips, preventing deeper downside moves and forming a short-term base under intraday pressure.
Moreover, the combination of whale activity and buy-side CVD often marks the early stages of accumulation cycles.
The consistency of these flows suggested traders with size continue to scale gradually rather than rotate out of positions.
Although the price reaction remains measured, CVD displays a clearer directional lean, which strengthens the case for trend continuation.
Buy-side persistence now forms one of the most reliable indicators within SHIB’s structure as volatility builds.
Source: CryptoQuant
Burn rate spikes as supply pressure drops
SHIB’s burn rate jumped by more than 1,244% over 24 hours, resulting in a meaningful reduction in circulating supply.
While burn events do not automatically guarantee upside, such abrupt increases often tighten supply conditions during periods of growing demand.
Additionally, SHIB benefits when burns occur alongside rising whale activity and strong CVD readings, because all three metrics reinforce a scarcity-driven narrative.
The current burn spike arrives precisely as SHIB forms a bullish technical structure, which adds weight to the setup.
Although long-term impact depends on trend continuation, supply reduction enhances short-term responsiveness.
This alignment gives bulls another pillar of support while the retest zone continues to shape the overall trajectory.
Funding flips positive as long traders gain conviction
Funding Rates flipped positive on CoinGlass data, and long traders gained visible conviction.
Earlier hesitation eased, and the OI-Weighted Funding Rate climbed while SHIB held its structure above the breakout line.
At the same time, liquidation heatmap clusters were built near $0.0000084 and $0.00000886, areas that often attracted volatility during hunts for liquidity.
Although higher funding sometimes increased risk, current readings showed alignment between Spot and Derivatives sentiment.
Source: CoinGlass
To sum up, SHIB now aligned with strong whale activity, a successful wedge breakout, aggressive buy-side CVD, a sharp burn-rate surge, and positive funding.
These combined signals create one of the most supportive structures the token has recorded in recent weeks. Therefore, SHIB holds a legitimate chance to extend its momentum if buyers defend the retest zone.
Final Thoughts
- Shiba Inu’s latest metrics show a market finding its footing, even as traders wait for confirmation at familiar levels.
- The setup may hold if buyers maintain control of the retest zone, especially with sentiment leaning constructive.
