Shiba Inu, the popular dog-themed meme cryptocurrency, is down 5.23% on Monday, currently trading at $0.000005025. This drop followed a significant price hike in SHIB over the weekend, indicating a cool-off in the market. The latest on-chain data showed that high-network investors likely used this spike for profit-taking, while retail traders entered the rally late and provided liquidity for whale exits.
Shiba Inu Whale Activity Peaks as Retail FOMO Drives Crypto Market Turnover
Last weekend, the Shiba Inu price witnessed a sudden bounce from $0.00000416 to $0.000005312, accounting for a 27.5% surge. While the broader market continued to waver in uncertainty, SHIB’s price witnessed a massive surge in retail buying volume from South Korea.
A recent data analysis from Santiment reveals a classic “whale-to-retail” liquidity transfer following a rapid 37% two-day surge in the price of Shiba Inu ($SHIB). Large-scale holders aggressively locked in profits during the height of the rally, leaving late-arriving retail investors holding the bag as the price began to fizzle.
The on-chain data shows that large wallets registered 52 individual high-value $SHIB transactions in a single day, marking the highest whale activity for the asset since March 31st. This sudden burst of transaction volume strongly suggests that institutional or high-net-worth investors capitalized on the upward price momentum to reduce their market exposure.
Simultaneously, SHIB’s social media dominance metric climbed to 0.084%, reaching its highest level since April 2nd. Crucially, this massive spike in crowd attention occurred after the vertical price pump, confirming that retail traders chased the excitement near the absolute top, which provided the exact liquidity whales needed to exit.
Analysts note that this setup highlights a recurring pattern in highly volatile memecoin market cycles. Market experts recommend taking profits when retail FOMO begins flooding social media timelines, and conversely, looking for buy-back opportunities when public sentiment turns entirely negative, and the crowd begins calling the asset a scam.
Shiba Inu Price Prolongs Correction Within Wedge Pattern
Following a short-term consolidation above the $0.00000406 support, the Shiba Inu price witnessed a sharp rebound to the next significant resistance at $0.000005790. The intact supply pressure pushed this memecoin back to its current trading value of $0.000004863.
This sharp reversal signals a lack of conviction from buyers to retain higher value. As the price drops below the 100-day exponential moving average, the broader sentiment surrounding SHIB remains bearish.
Therefore, the falling Shiba Inu price could drop another 6.2% to retest $0.00000453, or return to $0.00000406.`
A broader analysis of SHIB’s daily time frame shows that the current correction resonates within the structure of a falling wedge pattern. Since May 2025, the coin price has actively resonated within two converging trendlines that offer dynamic resistance and support to market participants.
If the coin buyers manage to hold $0.00000453 or $0.0000046 support, the Shiba Inu price could reattempt a fresh recovery breakout from the $0.0000057 wedge pattern resistance. This potential breakout would signal an early sign of trend reversal and accelerate the bullish momentum in SHIB for a sustainable recovery ahead.
