Shiba Inu Large Holders Accumulate 1,180,000,000,000 SHIB in One Day as Price Reclaims $0.000013

Shiba Inu experienced a massive surge in the inflow of large holders, a move that coincided with its price spike above $0.000013. 

Fresh data from IntoTheBlock confirmed that blockchain addresses holding at least 0.1% of Shiba Inu’s supply collectively gulped 1.81 trillion SHIB tokens from the market yesterday, July 10.  

This represents a 422% increase compared to the 346 billion SHIB tokens acquired by large holders the previous day. It also marks a rise of 1,247% from the 134.37 billion SHIB inflow recorded a month ago. 

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Meanwhile, it remains unclear whether the latest 1.81 trillion SHIB inflows stem from individual transactions or are part of an exchange’s in-house shuffling. 

Previous Spike in Large Holders Inflow 

The last time Shiba Inu experienced a spike in large holders’ inflows was on June 23. At the time, these large Shiba Inu addresses received roughly 3.06 trillion SHIB tokens in a single day. 

Prior to this development, large addresses collectively held 15.05 trillion SHIB tokens as of June 23. Despite how significant this figure may appear, it pales in comparison to the 33.59 trillion inflow recorded on January 7, 2025.

As previously reported, leading crypto exchange Crypto.com played a major role in January’s inflow spike. Notably, the exchange transferred over 32 trillion SHIB tokens to an unlabeled address across 20 transactions. 

Despite January’s substantial inflows, Shiba Inu’s price remained relatively stable around the $0.000021 mark.

Large Holders Outflow Soars 

Meanwhile, data from IntoTheBlock also shows that Shiba Inu experienced a spike in large holder outflows on July 10. According to the data, roughly 1.28 trillion SHIB tokens exited large addresses that day.

Nonetheless, Shiba Inu’s net inflows still surpassed the outflows on July 10, indicating net accumulation rather than profit-taking. 

Shiba Inu Reclaims $0.000013 

These developments come as Shiba Inu surged above the $0.000013 mark for the first time since June 11, when it reached a daily high of $0.0000136. Shortly after breaking into this range yesterday, SHIB achieved a one-month high of $0.00001365.

At the time of writing, SHIB was trading at $0.00001344. This reflects a 15.55% gain over the past seven days and a 5.98% increase in the last 24 hours.

While the recent surge in net inflows among large Shiba Inu holders may have supported the price rise, it also coincides with a broader relief rally across the cryptocurrency market.

For context, Bitcoin reached a new all-time high of $118,443 earlier today. The leading cryptocurrency is currently up 6.47% over the past 24 hours. Similarly, major assets like Ethereum and XRP have posted significant gains of 8.61% and 5.84%, respectively, during the same period.