Major Binance whales are positioning for a significant Shiba Inu price surge, signaling strong institutional confidence in the meme coin's recovery potential. This bullish accumulation comes as cryptocurrency markets stabilize following a two-week U.S.-Iran ceasefire, with SHIB whales demonstrating aggressive accumulation patterns typically preceding major price movements.
Binance data show that top traders on the exchange with the largest margin balances are going long on the meme coin, with 63% betting on a Shiba Inu price rally. Meanwhile, only 37% of them are short on SHIB, betting on a move to the downside. As a result, the long/short ratio is at 1.69, signaling how bullish these top traders are on the foremost meme coin.
Furthermore, the top Binance traders by position are also mainly long SHIB and betting on a Shiba Inu price rally. Almost 71% of these traders are long SHIB, while 29% are short, with a long/short ratio of 2.39. It is worth noting that the long/short ratio of the top traders by accounts and positions has climbed since the U.S. and Iran announced the two-week ceasefire.
At the same time, most Binance traders are bullish on the Shiba Inu price, with 60% of accounts long the meme coin and 40% short. The long/short ratio is at 1.5, rising as SHIB rebounded yesterday following the announcement of the two-week U.S.-Iran ceasefire. While most traders are bullish on SHIB, activity in the derivatives market is on the decline.
CoinGlass data shows that Shiba Inu’s trading volume has crashed by over 22% to $138 million, while the open interest is down over 4% to $54 million. This signals that most traders are still on the sidelines even as the market recovers.
In an X post, crypto analyst Crypto Lens stated that the Shiba Inu is primed for the next expansion. He noted that SHIB is holding a 5-year demand zone strongly and that it has a history of long accumulation followed by explosive moves, including rallies of over 1,000%. Based on this, the analyst declared that the structure appears primed for the next expansion after another 550 days of tight consolidation.
Crypto analyst Vuori also predicted that the Shiba Inu price could soon see a parabolic rally. The analyst noted that SHIB is still in the accumulation phase, which could last till the fourth quarter or first quarter of 2027, but that the downside risk is minimal at this point. He added that the projected gains are “monumental.”
At the time of writing, the Shiba Inu price is trading at around $0.000005883, down over 4% in the last 24 hours, according to data from CoinMarketCap.
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