The post 764% Skyrocket Hints at Price Recovery appeared on BitcoinEthereumNews.com.

Shiba Inu has been subtly preparing for what might be a sudden turnabout. It would be wise to avoid disregarding the token’s on-chain data, which presents a drastically different picture despite its muted price action. As per the latest data, SHIB’s netflow for large holders surged by an incredible 764% in just seven days, and its 30-day change is a noteworthy +83%. This degree of accumulation by key players, entities with the financial clout to influence markets, indicates that despite the price stagnation Shiba Inu is gradually gaining popularity again. SHIB has been stuck below the 50 and 100 EMA levels for weeks, according to the price chart, with price action settling into a small range. SHIB/USDT Chart by TradingView This kind of arrangement would be a dead giveaway for weakness under normal conditions, but the enormous increase in whale accumulation speaks for itself. As big holders position themselves ahead of momentum shifts, such spikes in netflow, particularly when maintained over a 30-day period, have historically preceded significant upward movements. The larger surroundings also aid in placing this behavior in context. As recent on-chain data demonstrates a steady rise in the number of addresses holding sizable BTC balances, Bitcoin whales have been increasing their holdings. Other significant assets in the ecosystem such as SHIB are frequently affected by the ripple effect of Bitcoin’s accumulation phase. You Might Also Like Shiba Inu may be among the main winners if Bitcoin keeps establishing a solid base above crucial support as traders shift into higher beta plays in search of enormous gains. The discrepancy between price action and the underlying network signals is what makes SHIB so remarkable in this case. Despite the token’s technical stillness, it is experiencing a surge in capital from users who have a history of exhibiting excellent timing…

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Filed under: News - @ July 5, 2025 7:21 pm