Shiba Inu Whale Transactions Over $100K Plunge as U.S. Inflation Data Looms

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Shiba Inu Whales Take a Dive: Is Inflation the New Lifeguard? 🐋💸

Lo que debes saber:

  • Ah, the Shiba Inu (SHIB) whales, those majestic creatures of the crypto deep, are retreating from their grand transactions, leaving the retail investors to frolic in the shallow waters of market control.
  • SHIB prices have pirouetted past key resistance levels, with volume spikes that could make a ballerina blush, hinting at a bullish momentum that even the most stoic of bears might find hard to resist.
  • As the U.S. consumer price index for May is poised to rise to a tantalizing 2.5%, one can only wonder how this will tickle the market dynamics—like a feather on a sleeping giant.

In a curious twist of fate, our Shiba Inu (SHIB) whales seem to be donning their life jackets, bracing for the impending U.S. inflation data, which, thanks to President Trump’s tariffs, is likely to show a delightful uptick. Who knew economics could be so thrilling?

Major whale transactions exceeding $100,000 have plummeted by a staggering 91.5% over the past four days, as if they were playing a game of hide and seek with retail investors, according to CoinDesk’s AI insights. Spoiler alert: the whales are losing.

Yet, amidst this aquatic drama, prices have raised the hopes of bulls, breaking through key resistance at 0.0000133 with a jaw-dropping volume spike of 975 billion. The cryptocurrency has also decided to swim above the ever-watchful 100-day simple moving average (SMA). Talk about a power move!

Moreover, a record 1.5 million wallets now cradle SHIB tokens, representing a mere 0.011% of the global population—a sign of community growth that could make even the most jaded investor crack a smile.

Key technical insights

  • The SHIB-USD pair has danced its way from 0.0000129 to 0.0000134, a delightful 4.6% gain with a total range of 0.00000063 (4.9%).
  • A significant volume spike of 975 billion in the final hour propelled prices to break through the 0.0000133 resistance level, like a cannonball at a summer pool party.
  • Price action has formed an ascending channel, with higher lows at 0.0000129, 0.0000131, and 0.0000132—an upward trend that even a mountain goat would envy.
  • The 0.0000135 level now emerges as the next key resistance target for our bullish friends to conquer.
  • A strong bullish breakout occurred between 07:11-07:16, where the price surged from 0.0000133 to 0.0000135, a 1.5% gain that could make a stockbroker weep with joy.
  • After reaching the session high, the price established a new support zone around 0.0000134, with multiple tests confirming this level—like a bouncer at an exclusive club.

Focus on U.S. inflation

According to FactSet, the median year-over-year estimate for the consumer price index for May is 2.5%, an increase from April’s 2.3% rise. Inflation, the ever-elusive specter, continues to haunt our economic dreams.

If the data aligns with estimates, it will mark the first increase in the number compared to the previous month since January 2025, validating the Federal Reserve’s wait-and-see, data-dependent stance. A round of applause for the Fed, please!

That said, the tariff-led upswing in inflation has been the talk of the town for some time, and the confirmation may not come as a shock to the market. In other words, dips could be as fleeting as a summer romance.

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2025-06-11 14:19