Large SHIB Transactions Over $100K Decline as Traders Brace for Inflation Data

Shiba Inu Climbs Amid Retail Surge as Big Investors Step Back Before U.S. CPI Report

Shiba Inu (SHIB) is showing strength ahead of the U.S. inflation report, even as large holders pull back. On-chain data reveals that whale transactions over $100,000 have plummeted more than 91% in the last four days, pointing to a shift from institutional dominance to retail-driven momentum.

Despite the retreat by whales, SHIB surged 4.6% in the past 24 hours, breaking through the $0.0000133 resistance level. The token spiked on a sharp rise in trading volume — nearly 975 billion SHIB exchanged hands in the final hour — and successfully pushed above the 100-day simple moving average, signaling a potential trend reversal.

The number of SHIB wallets has also reached a new milestone, with 1.5 million addresses now holding the token. That’s roughly 0.011% of the global population, highlighting growing retail interest in the meme-based cryptocurrency.

Technical Overview:

SHIB rose from $0.0000129 to $0.0000134, carving a 4.6% daily gain within a narrow 4.9% range.
A sharp breakout occurred between 07:11–07:16 UTC, pushing prices to $0.0000135.
Strong support formed at $0.0000134, with multiple bounces suggesting price stability.
An ascending price channel remains intact, hinting at further upside toward $0.0000135 and beyond.

Eyes on Inflation

Investors are bracing for the May CPI report, which is forecasted to rise to 2.5% from April’s 2.3%. If confirmed, it would mark the first inflation uptick in five months — largely attributed to renewed tariffs under President Trump.

While rising inflation typically pressures risk assets, much of the concern appears priced in. Analysts believe any pullback could be short-lived, particularly with retail traders continuing to pour into tokens like SHIB.

With bullish technicals, surging participation, and macro uncertainty on deck, Shiba Inu could remain a standout in the volatile weeks ahead.