Shiba Inu (SHIB) could be on the brink of a major rally as whale accumulation surges to unprecedented levels.
Over the past six days, large holders have amassed over 1.4 trillion SHIB tokens, signaling growing confidence among seasoned investors despite recent sideways price action.
According to data from crypto analytics platform Intotheblock, the accumulation occurred between April 24 and April 30, during which SHIB’s price remained relatively stable. However, the lack of price volatility masks what analysts believe could be a significant bullish undercurrent forming behind the scenes.
“This kind of silent accumulation is often what precedes explosive moves in SHIB,” analyst LucksideCrypto stated on Wednesday. “People tend to overlook it, but this is exactly the type of behavior we saw before past rallies.”
The buying spree adds to an already impressive year for SHIB whales. Tens of trillions of tokens have been scooped up throughout 2025, making it one of the strongest years on record for large-scale investor interest. This accumulation trend suggests whales are positioning themselves ahead of what they anticipate will be the next major leg up for the meme-inspired token.
Meanwhile, SHIB continues to hit milestones in other areas. The total number of holders has climbed to an all-time high of 1.51 million, underscoring continued interest in the token even during market lulls. Analysts note that while retail investors remain hesitant, smart money is quietly building positions, a pattern that has historically preceded major breakouts.
“There is a possibility of Shiba Inu rallying 114%,” analyst Austin Hilton noted in a Wednesday analysis. “Once retail money starts to starts to come back into crypto, a lot of people don’t buy Bitcoin, they don’t buy Ethereum, they don’t buy XRP…they buy memecoins, they buy Dogecoin, they buy Shiba Inu”
From a technical standpoint, SHIB is hovering just above its 50-day moving average, consolidating what many see as a healthy base before a potential breakout. Indicators like the stochastic RSI show that SHIB still has room to move higher, especially on the weekly timeframe, where it’s approaching overbought territory but has not yet peaked.
That said, while a potential head-and-shoulders pattern on the 4-hour chart suggests short-term caution, SHIB appears to be forming a larger wedge pattern. The price recently bounced off a possible support level, which could propel its price 14X, as per analyst Crypto Elites, if momentum builds.
SHIB traded at $0.00001355 at press time, reflecting a 1.18% drop in the past 24 hours.