SHIB Whale Inflows Drop 83% as Bitcoin Dominance Rises

• SHIB whale inflows dropped 83% in May, from 8 trillion to below 2 trillion tokens, showing lower large holder activity.
• SHIB price trades under key resistance at $0.00001596, with the 50 EMA at $0.00001466 acting as dynamic resistance.
• SHIB burn rate spiked 12,715% on May 26, removing 53.9 million tokens, but market volume and price stayed flat.

Shiba Inu (SHIB) whale inflows dropped 83% in the past 30 days, falling from 8 trillion SHIB to below 2 trillion. Outflows also fell more than 80% in the same period, showing a sharp drop in large holder activity.

IntoTheBlock data confirms that this decline began in early May. Both inflows and outflows fell together, signaling reduced movement of tokens by large wallets. This drop reflects a liquidity contraction and lower trading participation from whales.

As large holders step back, retail participants handle most of SHIB’s current market volume.

Shiba Inu Price Trades Below Key Resistance at $0.00001596

On May 26, 2025, Shiba Inu (SHIB) continued to trade below its long-term resistance of $0.00001596, hovering near $0.00001450 on the 4-hour chart. The chart, sourced from TradingView, displays a clear consolidation pattern, with multiple failed attempts to break through resistance since late April.

SHIB/USD 4-Hour Price Chart: Source: TradingView

The current price sits just under the 50-period Exponential Moving Average (EMA), which is marked at $0.00001466. This EMA now acts as dynamic resistance, repeatedly rejecting upward moves. SHIB remains locked in a tight range, with no clear bullish confirmation or sustained breakout.

Trading volume remains low, with just 2.97 billion SHIB changing hands at the time of the chart. The volume bars show a declining trend over the past few sessions, confirming the lack of momentum. This weakening activity coincides with the broader drop in large holder participation and reduced whale inflows, according to recent on-chain metrics.

From a technical perspective, SHIB’s sideways movement began after the price failed to hold gains from the May 13 rally. Since then, the token has moved mostly between $0.00001400 and $0.00001500, struggling to establish a higher low or close above key levels.

The chart also shows a narrowing structure, suggesting increasing indecision among traders. Until SHIB reclaims the $0.00001466 EMA with strong volume support, the market may continue in this low-volatility zone

SHIB Liquidity Shrinks as Bitcoin Dominance Reaches 52%

Shiba Inu (SHIB) is facing lower liquidity as Bitcoin’s dominance climbs to 52%, based on data from CoinMarketCap. As more capital flows into Bitcoin (BTC), altcoins like SHIB experience reduced visibility and market activity.

Bitcoin Dominance Chart Source: CoinMarketCap

This increase in BTC dominance has coincided with a notable decline in SHIB whale inflows. Large holders appear to be stepping back from the asset, with fewer significant token movements recorded in recent weeks. As a result, SHIB has struggled to generate strong price action or volume.

Meanwhile, the broader altcoin market has also felt the impact. Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) have lost share as BTC regains control of market capital. However, SHIB has seen a sharper decline due to limited ecosystem updates and low development activity in May 2025.

The reduced engagement from large holders reflects the shift in market focus. With attention now on Bitcoin, SHIB remains under pressure, unable to attract high-volume inflows or initiate breakout moves.

SHIB Burn Rate Surges Over 12,700% as 53.9 Million Tokens Removed

On May 26, 2025, Shiba Inu’s (SHIB) burn rate surged by 12,715.49%, according to data from Shibburn.com . In the last 24 hours, the network burned a total of 53,913,481 SHIB, permanently removing the tokens from circulation.

The spike reflects a sharp increase in daily burn activity compared to the previous period. Visual data from Shibburn shows a clear upward trajectory, with the burn count nearing 60 million SHIB over a single day.

However, despite the burn activity, SHIB’s market response remained muted. The trading volume stayed low, and the price showed little movement across major exchanges. The data points to a lack of immediate market reaction, with whale inflows and broader participation still limited.

This burn event followed a similar case on May 24, when 37,959,900 SHIB were destroyed, marking a 22,662% rise in burn rate, as previously reported by U.Today. Both events highlight efforts to shrink SHIB’s supply, but the token’s market activity has not yet shown signs of revival in response.