Jan 6, 2026
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Shiba Inu Price Surges Over 13% Due to Whale Accumulation
Shiba Inu has experienced a significant price increase, surging over 13%, marking a decisive break from a prolonged bear trend. This reflects a broader bullish shift in the crypto market for meme coins.
Key Drivers Behind The Shiba Inu Price Rally
- The surge was primarily driven by aggressive accumulation from top whales, rather than retail demand, as reported by Santiment, a crypto analytics platform.
- Large holders are increasingly concentrating their holdings, indicating confidence among dominant whale wallets and suggesting the rally wasn't hype-driven.
- Price data shows the climb started at the beginning of January, following a downtrend from late October to December 2025, highlighting a momentum shift.
- An increase in the percentage of SHIB supply held by the top 10 whale wallets was observed, signaling consistent accumulation despite weak market conditions.
- The 10 largest wallets control about 62.65% of the total supply, with the largest single wallet holding around 41%, valued at approximately $3.3 billion.
- This high concentration allows large holders to significantly influence short-term price movements, as seen during the recent price jump.
Shiba Inu’s Total Gains In 2026 So Far
- Year-to-Date (YTD) gains for Shiba Inu stand at more than 32% in 2026.
- Wallet concentration remains elevated, suggesting continued volatility as prices react to shifts in large-holder behavior.
- Shiba Inu is currently trading at $0.00000916, reflecting a roughly 5% increase in one day.
