Shiba Inu (SHIB) has recorded a significant shift in market sentiment as large holders dramatically reduce their positions. A 358% decline in netflows among major wallets in the last 30 days has highlighted a swift move from accumulation to distribution.
According to data, the SHIB huge owners’ netflow measure changed from positive inflows to a steep outflow of more than 3.5 trillion SHIB. This sharp change in events means that not only are whales leaving the asset but also safeguarding previous positions.
The array of actions indicates this pessimism, as SHIB has been stuck in the downtrend since February 2025. Any rise has been met by counter pressure at around $0.000013, and the price has failed to maintain above both the 100-day and 200-day exponential moving averages.
This has slowed down trading in the past few weeks, with SHIB trading below the 26 EMA. This is the level that is presently hovering at $0.000012 and has served as a ceiling in the movement of price. There remains no sign of renewed momentum, with the bearish sentiment widening further.
The 24-hour RSI is also vital as it stands at 45, and there is no indication that the asset is oversold. Consequently, it lacks a powerful signal that can culminate in a relief rally in the short run. The volume indicators are also triggering a decline in interest and indicating a decline in support.
Whale Exit Sparks Broader Concerns Across SHIB Market
This sharp decrease in whale inflows has caused more turmoil in the SHIB market. Whale activities in the past have affected the confidence of retail traders. The recent movement has sounded alarm bells on the sustainability of SHIB support areas.
Technicals are still biased towards the downside as the prices are unable to breach the major moving averages. Unless the asset is able to regain the zone above the 26 EMA reasonably soon, it is in danger of falling into the support area of $0.000010.
This kind of chart structure does not provide much upside potential unless the sentiment reverses suddenly. In the meantime, an attempt to rise above it can probably encounter resistance at the intersection of the 100-day and 200-day EMAs, which are also moving downwards.
Furthermore, the bearish volume and momentum in the weeks since the failure to overtake the highs further confirm the continued consolidation. Unless there are major inflows or interest from institutions, SHIB may be under pressure in the near term.
Conclusion
A significant downturn in holder activity, accompanied by poor technicals, will make the future of SHIB look risky. Unless some momentum changes direction or the reaffirming support of whales is addressed, the asset can remain volatile and experience further declines.
