SHIB May See Further Weakness After Nine Trillion Drop in Network Activity

• Nine trillion SHIB fall in on-chain activity signals weaker demand and lower whale participation

• SHIB trades inside a narrowing symmetrical triangle; $0.0000120 support and $0.0000135 resistance are key.

• RSI near 45 and low volume show neutral momentum; failing to regain volume could push price toward $0.0000110.

Shiba Inu network activity drop weakens SHIB price momentum — monitor $0.0000120 support and whale activity now. Read the latest analysis.

What is the Shiba Inu network activity decline and why it matters?

Shiba Inu network activity refers to token circulation, transaction volume and on-chain transfers. The recent ~nine trillion SHIB decline shows lower participation from retail and whales, reducing on-chain demand and pressuring SHIB price momentum within its current trading structure.

How does the nine trillion SHIB drop affect short-term price action?

The drop lowers liquidity and weakens conviction among traders. With on-chain flows contracting, SHIB has struggled to break above major moving averages such as the 100-day EMA. A breakdown below the triangle’s lower boundary could target the $0.0000110 zone.

• Technical structure: SHIB remains inside a wide symmetrical triangle centered near $0.0000123.
• Immediate levels: Support at $0.0000120; resistance at $0.0000135; breakdown risk toward $0.0000110.
• Momentum indicators: RSI ~45 (neutral); declining volume suggests traders are hesitant to add positions.

• Pushing to end
• SHIB not breaking out

A decline of roughly nine trillion SHIB in network activity is a material signal for market participants. On-chain metrics are a leading indicator of demand and utility; this fall heightens bearish sentiment while reducing the likelihood of a near-term breakout until activity stabilizes.

What technical picture is SHIB showing now?

Technically, SHIB is still trading within a symmetrical triangle, a consolidation pattern that narrows as volatility subsides. Price is centered around $0.0000123 and is testing moving-average resistance levels that have constrained upside attempts.

SHIB/USDT Chart by TradingView

Because token circulation and transaction volume have slumped, the technical setup is losing support from fundamentals. Historically, SHIB has seen daily activity swings exceeding 10 trillion tokens; the current nine trillion decline is notable given the existing technical pressure on price.

Why is whale activity important for SHIB?

Whales concentrate large token flows that can drive short-term liquidity and market sentiment. The present fall in participation suggests fewer large transfers and reduced buying pressure. Without renewed whale engagement or tangible ecosystem developments, SHIB’s vulnerability increases.

Traders should watch on-chain transfer counts, large-wallet inflows/outflows and concentrated holders’ behavior for signs of renewed demand.

How should traders monitor SHIB going forward?

Focus on three actionable metrics:

1. On-chain transfer volume and token circulation for trend confirmation.
2. Price relative to the triangle boundaries and the 100-day EMA for breakout or breakdown cues.
3. Whale wallet activity to detect renewed accumulation or distribution.

Short-term risk is higher if the triangle lower boundary breaks on continuing low volume. Conversely, a sustained spike in transaction volume and large-holder inflows would restore chances for an upside breakout.

Frequently Asked Questions

How likely is a SHIB breakout after this decline in activity?

Breakout probability is reduced while on-chain activity remains depressed. A sustained rise in transaction volume and large-holder accumulation would be required to increase the odds of an upside breakout within the triangle pattern.

How can retail investors interpret the current SHIB indicators?

Retail investors should treat the fall in activity as a caution signal. Prioritize monitoring volume, moving-average behavior and whale activity before initiating sizable positions to avoid being caught in a low-liquidity drawdown.

Key Takeaways

• On-chain decline matters: A ~nine trillion SHIB drop signals falling demand and lower liquidity.
• Technical risk: SHIB remains in a symmetrical triangle; watch $0.0000120 support and $0.0000135 resistance.
• Action items: Monitor transaction volume, whale transfers and moving averages before trading size increases.

Conclusion

Shiba Inu’s recent network activity decline weakens the token’s breakout thesis and raises the risk of a correction toward $0.0000110 if on-chain flows do not recover. Traders should focus on volume and whale metrics for confirmation, while COINOTAG provides ongoing monitoring and updates on any structural shifts.

Published: 2025-08-25 | Updated: 2025-08-25 | Author: COINOTAG