Shiba Inu Whale Activity Surges 95% Amid Signs of Accumulation and Supply Burn

On April 21, 2025, SHIB experienced a significant surge in whale transactions, with large transfers totaling $7.75 million and a 95% spike in activity during the early Asian trading session, according to IntoTheBlock. Despite this bullish whale interest, the number of active SHIB addresses fell nearly 30% compared to earlier periods, aligning with record lows seen in October. Historical data reveals that while previous spikes in whale activity, such as those in November 2024 and February, have sometimes led to strong rallies, not every instance has triggered immediate positive price movements, as evidenced by a large transfer event in January that coincided with a price drop. Alongside these movements, steady accumulation patterns have emerged—with a notable reduction in SHIB supply on centralized exchanges and active token burning—suggesting that the memecoin could rally if it overcomes the overhead resistance at the 50-EMA level ($0.0000129 - $0.000013).