The drop in trading volume suggests lower short-term interest, but the significant increase in shib reserves held by whales and growing number of holders indicate underlying strength.
Despite the volume drop, the price has shown resilience, increasing over the past week. the accumulation by a whale and steady holder growth, combined with technical support levels, suggest potential upside.
The volume drop is a 24-hour metric, while whale accumulation and holder growth are ongoing trends. the price movement is likely to be influenced by these more consistent factors in the short to medium term.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The broader crypto market appears to be recovering, as evidenced by a 1.2% jump in the total market cap. However, the Shiba Inu (SHIB) trading volume plunged 24% within the past 24 hours, raising concerns about a possible liquidity crunch. Advertisement Sharp drop in Shiba Inu trading volume According to CoinMarketCap data , Shiba Inu trading volume decreased by 20% over the past day to $130.3 million. Despite this fall, the SHIB price increased 1.4% within the same time frame to trade at $0.000006205. The price of SHIB also rose 6.5% over the past week but declined slightly by 0.1% on the monthly charts. Typically, when trading volume declines, it suggests reduced conviction from both retail and institutional players. However, a volume drop alone does not mean Shiba Inu is experiencing a liquidity crisis. Rather, it is more of a symptom of lower short-term interest or broader market calm. Still, some analysts have tagged the drop in SHIB reserves on centralized exchanges as a liquidity risk. Since early March, traders have moved out more tokens from exchanges, signaling an increase in buying activities. As of March 4, only about 80.4 trillion SHIB sat on all exchanges. Large token holders were largely responsible for withdrawing large amounts of SHIB from crypto trading platforms. You Might Also Like Wed, 03/25/2026 - 13:20 Shiba Inu Bears Activated as Netflow Tops 350 Billion SHIB By Caroline Amosun Bullish Shiba Inu whale amid holder growth Despite ongoing concerns about a potential liquidity crunch, Shiba Inu whales have demonstrated confidence. In just 48 hours, an anonymous wallet added 120 billion SHIB to its portfolio . At the time of the purchase, SHIB traded around $0.0000061 per token. Arkham Intelligence revealed that the whale address holds a total of $12.6 million worth of crypto assets, with SHIB representing a large portion. Another key update that reflects rising interest in SHIB is the growth of holders on a monthly basis. As of March 25, the total number of SHIB holders surged to 1,558,200. The growth has constituted between 8,500 and 12,000 new wallets per month. Analysts described the growth as steady since activity on them is slightly up, with wallets not idle. According to technical analysis, SHIB has hit a local bottom following an 88% drop from its 2024 high. The meme coin has found a key support at $0.00000575 and resistance between $0.00000615 and $0.00000620. A possible breakout could see Shiba Inu jumping toward $0.0000063. #Shiba Inu