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SHIB: Bullish Accumulation Signals Potential Price Rebound

SHIB: Bullish Accumulation Signals Potential Price Rebound

Author:
SHIB News
Published:
2025-10-07 16:21:16
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is demonstrating strong signs of renewed investor confidence as market participants engage in significant accumulation activities. Recent data reveals a massive transfer of 512 billion SHIB tokens from Kraken exchange to an unknown wallet, representing a substantial investment of approximately $7.14 million. This strategic movement indicates a shift toward long-term holding strategies rather than short-term trading, suggesting growing optimism among SHIB investors about the token's future prospects. The substantial exchange outflow currently exceeds inflow volumes, effectively reducing immediate selling pressure on the cryptocurrency. Despite SHIB experiencing a 40% decline in value year-to-date, technical indicators and market fundamentals are beginning to paint a more optimistic picture. The accumulation pattern aligns with building bullish momentum as investors appear to be positioning themselves for potential price appreciation. Market analysts are closely monitoring these developments, as such large-scale accumulation movements often precede significant price movements in the cryptocurrency space. The reduced supply on exchanges combined with increased long-term holding could create favorable conditions for SHIB's price recovery and potential growth in the coming months. This strategic accumulation by investors demonstrates confidence in SHIB's underlying value proposition and future potential within the competitive meme coin sector.

Shiba Inu Investors Accumulate 512 Billion SHIB as Bullish Momentum Builds

Shiba Inu (SHIB) investors are signaling renewed confidence with a massive 512 billion SHIB transfer from Kraken to an unknown wallet, valued at $7.14 million. The move suggests long-term accumulation rather than short-term trading, reinforcing bullish sentiment.

Exchange outflows for SHIB now exceed inflows, reducing immediate selling pressure. Despite a 40% year-to-date decline, technical indicators and strong holder activity point to potential upside—some analysts project a 600% rally.

Ecosystem developments like the LEASH v2 migration and ShibaSwap's cross-chain expansion are strengthening fundamentals. The meme coin appears to be transitioning from speculative asset to a project with sustained utility.

Shiba Inu (SHIB) Price Eyes Bullish Breakout Amid Accumulation Phase

Shiba Inu's price action suggests a potential bullish breakout as it consolidates within a seven-month triangle pattern. The meme coin has established key support between $0.00001250–$0.00001270, where accumulation activity indicates growing trader confidence. A decisive close above $0.00001300 could confirm upward momentum toward the $0.0000205 target.

Technical analysts observe higher lows forming on daily charts, signaling steady absorption of sell pressure. Market sentiment remains neutral with a tilt toward greed, registering 64 on the Fear & Greed Index. CoinCodex projects a 16% rise to $0.00001475 by November 2025 if current support levels hold.

Shiba Inu Price Eyes Breakout as Whale Activity Surges 70% in 48 Hours

Shiba Inu has re-emerged as a focal point in the meme coin market, showing signs of a bullish reversal after recent downturns. The token's price action is gaining momentum, supported by a 70% spike in large transactions over the past two days. Daily trading volume remains robust at over $220 million, historically a precursor to significant price movements.

Despite a recent exploit on the Shibarium network that temporarily rattled investors, the swift response from developers and the community has bolstered confidence. BONE staking has rebounded, underscoring ongoing commitment to network security.

SHIB's price currently hovers around $0.00001265, marking a 7.38% weekly gain. Market participants are closely watching for a potential breakout as whale activity and trading volume converge.

Shiba Inu Price Stabilizes as New Addresses Signal Accumulation Phase

Shiba Inu's price is holding firm above a critical support level, with on-chain data revealing steady growth in new wallet addresses. The asset appears to be entering an accumulation phase, setting the stage for a potential bullish reversal.

Technical indicators reinforce this outlook. The value area low has been tested repeatedly without breaking, confirming strong buyer interest. Higher lows in the price structure suggest sustained upward momentum, while a 7,000% surge in token burn rate reduces circulating supply—a classic bullish signal.

Network expansion tells the same story. Rising new address creation points to growing investor confidence and decreased selling pressure. Retail and mid-term traders are gradually building positions, anticipating a market turnaround.

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