February Performance: Strong Gains with Resistance

In February 2025, Shiba Inu (SHIB) experienced a strong price rally, driven by growing investor interest and positive sentiment in the cryptocurrency market. The price surged to a monthly peak of $0.000017, reflecting solid buying momentum. However, resistance emerged at this level, leading to a pullback. By the end of the month, SHIB had stabilized around $0.00001621, indicating a consolidation phase where buyers and sellers were relatively balanced. While bullish momentum persisted, the asset struggled to maintain higher price levels due to selling pressure.

March Market Correction: Price Weakness Emerges

As March progressed, SHIB faced downward pressure, dropping to approximately $0.00001278 by mid-month. This decline from February’s peak signaled a market correction. Several factors contributed to this pullback, including shifting investor sentiment, broader market trends, and profit-taking by traders after February’s rally. The decline suggests that buyers remain hesitant at higher levels, contributing to price weakness. However, this correction does not necessarily indicate a long-term bearish trend, as market cycles often include such phases before potential recoveries.

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Technical Outlook: Signs of Potential Rebound

Despite the recent drop, SHIB retains the potential for recovery. A bullish engulfing pattern has emerged on the weekly chart, suggesting that buying interest remains intact. Additionally, SHIB’s market capitalization is still around $7.53 billion, underscoring its continued relevance in the crypto space. If buyers regain confidence, the price could stabilize and trend upward again.

Key Levels to Watch Moving Forward

SHIB’s next price movements will depend on critical support level at $0.0000118 and resistance level at $0.000013. If the price reclaims key resistance zones, an upward trend could resume. Conversely, if bearish pressure persists, further declines may occur. Investors should closely monitor market conditions to assess whether SHIB is poised for recovery or a deeper correction in the coming weeks.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Shiba Inu (SHIB) February Surge and March Pullback: A Market Overview appeared first on Times Tabloid.

Data procured from the leading crypto tracking platform, Whale Alert show that a total of 5,671,107,065,473 Shiba Inu tokens were moved by loaded SHIB investors in two separate wallet-to-wallet transfers. 

Notably, the voluminous token shifting recorded within the past 24 hours, was executed in two transactions only and worth $52,358,251 at the time of execution. 

In the first transaction, about 2.87 trillion SHIB tokens were transferred from a whale wallet to a new storage location. The user paid only $0.56 in ETH as fees, for the transaction which was worth about $26.4 million, at the time of execution. 

Etherscan reveal that the sending wallet unloaded all 2.87 SHIB, and on the same day, the tokens dropped in the wallet. The sending wallet currently holds zero SHIB. 

“2,871,107,065,473 SHIB (26,356,762 USD) transferred from unknown wallet to unknown wallet,” Whale Alert reported. 

2,871,107,065,473 #SHIB (26,356,762 USD) transferred from unknown wallet to unknown wallethttps://t.co/nqPTK5V1L6

— Whale Alert (@whale_alert) December 8, 2022

Hours later, the crypto whales tracking account broadcasted another massive SHIB transfer. This time, 2.8 trillion SHIB worth approximately $26 million, was transferred from an unknown wallet to another wallet. $1.63 in ETH was the accompanying fee for this transaction.

2,800,000,000,000 #SHIB (25,983,999 USD) transferred from unknown wallet to unknown wallethttps://t.co/DuTLw4sAyJ

— Whale Alert (@whale_alert) December 9, 2022

Read Also: OKX Launches Flexible Staking for XRP, Shiba Inu (SHIB), and Dogecoin (DOGE)

SHIB Holders On the Rise

Despite the low price at which the second-largest meme token is currently trading, the top Ethereum (ETH) whales and many more investors are still holding SHIB. According to Etherscan, a total of 1,257,318 on-chain wallets are in possession of Shiba Inu. 

On Thursday, WhaleStats showed that the top 1000 ETH whales hold more investment in Shiba Inu than in any other crypto asset including LINK, MANA, UNI, MATIC, and FTM among others. 

The whale tracking platform revealed that the top 1000 ETH whales hold SHIB tokens worth $34,116,607, as of December 8. Likewise, Whalestats noted that SHIB held by the top 100 ETH whales is worth $72,014,568, as of December 9. 

The top 100 #ETH whales are hodling

$72,014,568 $SHIB
$39,320,856 $LOCUS
$36,153,812 $BEST
$35,235,414 $BIT
$32,953,512 $UNI
$31,574,892 #UnknownToken
$30,827,568 $MOC
$21,881,762 $BTR

Whale leaderboard https://t.co/N5qqsCAH8j pic.twitter.com/08Dh2blHHF

— WhaleStats (tracking crypto whales) (@WhaleStats) December 9, 2022

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The post 5.7 Trillion SHIB Moved By Whales in the Past 24 Hours. Here’s Their Destination  appeared first on Times Tabloid.

Shiba Inu (SHIB) Token Holders 

With the growing adoptions, listings, and developments around the Shiba Inu token, the number of wallet addresses holding any quantity of the second-largest dog-themed token on-chain, has been consistently increasing.  

As revealed on Etherscan, Shiba Inu (SHIB) token holders have exceeded 1.2 million. Reportedly, the total holders of Shiba Inu reached an all-time high of 1,245,352 holders in February 2022. 

At the time of writing, over 1,200,200 wallet addresses hold uneven units of the SHIB token. Notably, the top 100 holders collectively own 82.11% of all existing Shiba Inu tokens. While the top 10 holders collectively own 62.91% of Shiba Inu’s total supply. 

That is a total of 821,102,117,267,697 and 629,048,881,544,945 held by the top 100 and top 10 accounts respectively from the total supply of 999,991,401,773,775.35 tokens, according to the Etherscan analytics.  

Read Also: Top 3 Major Projects Planned For the Shiba Inu Ecosystem in 2022: Details

Buy Opportunity For Investors 

Following the intensifying sell-offs in the crypto market, Shiba Inu has been on the decline this week. Precisely, the token has fallen about 68.21% below its all-time high of $0.000032.

In the past 7 days, the price of Shiba Inu has fallen by 0.44% per Coinbase statistics. Also, in the last 24 hours, SHIB’s price declined by 0.92%. At the time of writing, the current price of the token is $0.00001 per SHIB. 

However, many investors see this huge price decline as a rare opportunity to fill their bags. Therefore, some whales are taking advantage of the dip by massively accumulating the Shiba Inu token.

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