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06/19 11:50

Shiba Inu – A 6,306% hike in inflows? It could be

Shiba Inu – A 6,306% hike in inflows? It could be a breakout or a bull trap IF…

SHIB’s price action has built momentum amid whale inflows, burn spikes, and a falling wedge setup.Erastus-2025-06-18T172712.105-1-1000x600.png

Whale inflows and token burns surged while the NVT ratio hinted at overvaluation risk

Network growth declined, but SHIB could still eye a breakout from its bullish wedge formation

Shiba Inu [SHIB] has been witnessing a remarkable rebound in investor engagement lately, one fueled by a 6,306% hike in whale inflows after the Shibarium upgrade introduced multi-gas token support and smart contract enhancements. 

At the time of writing, SHIB was trading near $0.00001160, on the back of an uptick in speculative interest. In fact, large holders may be repositioning too, especially as Futures volumes spiked past $147.27 million, primarily from Gate.io. 

Such an influx could be a sign of renewed confidence among sophisticated traders. To put it simply, Shiba Inu’s smart contract narrative is reshaping investor conviction, potentially setting the stage for a new bullish chapter.

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