Shiba Inu’s Struggle Amid Large Holder Netflow Collapse

Shiba Inu has experienced a dramatic 358% collapse in its large holders’ netflow metric over the past 30 days, putting it in a precarious position. While such a decline may seem mathematically impossible, it’s based on the difference between inflows (tokens going into whale wallets) and outflows (tokens going out of whale wallets).

If the metric had been positive, it could have shown a net swing of -3.5 trillion SHIB, illustrating how quickly it transitioned from a strong negative inflow to a high outflow. This shift has moved SHIB from accumulation to distribution, with whales unloading their tokens. Such a divergence raises concern among smaller investors regarding major players’ trust, indicating market uncertainty when netflows change so drastically in a month.

SHIB’s price chart reveals a prolonged downward trend since February 2025. Attempts to regain crucial resistance levels near $0.000013 have failed, with every rally losing momentum against the descending 100-day and 200-day EMAs.

Recent weeks have seen reduced trading volumes, with SHIB consolidating below the 26 EMA at approximately $0.000012, further enforcing bearish sentiment. The RSI indicator is at 45, signaling a neutral market, lacking any oversold conditions that could spur relief buying.

If SHIB fails to maintain its position above the 26 EMA, it risks dropping closer to the $0.000010 support level. Overall, the sharp decline in large-holder netflows combined with a poor technical setup casts a bleak outlook for SHIB’s near future. Traders should brace for potential volatility and declines unless the asset can turn sentiment around and reclaim key moving averages.