The high concentration of shib in a few whale wallets (94.5%) could lead to significant price volatility if these whales decide to move their holdings. a coordinated move could either cause a sharp decline or a rapid price increase, depending on their intentions. the potential for a supply deficit if liquidity is withdrawn from exchanges also points to a possible price surge.
The article suggests a potential 39% upside based on technical indicators and the possibility of a supply deficit. the target of the 200-day ema and historical volume profile shelf at a higher market capitalization implies a bullish trajectory.
The article discusses the 'final stage' of a prolonged decline and potential for a 'sharp price reversal' and a 'comeback' that could see shib enter the top 25. this suggests a relatively short-term price movement if the conditions materialize.
Cover image via depositphotos.com 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. Fresh Shiba Inu (SHIB) on-chain data has revealed a potential all-time high in centralization, suggesting that just 707 large wallets may control as much as 94.49% of the coin's total circulating supply. Advertisement According to Etherscan's Whale Concentration metric , major holders may control tokens worth approximately $2.36 billion, while the rest of the retail market may account for less than 2% of the supply. Shiba Inu (SHIB) holders overview, Source: Etherscan If these figures reflect a real withdrawal of liquidity from trading platforms, exchange order books could be severely depleted. This would create conditions for a sharp price reversal once large market orders appear, potentially triggering the long-awaited comeback. HOT Stories XRP, Cardano (ADA), Stellar (XLM) and Bitcoin (BTC) Price Analysis for July 22: Bulls Are Waking Up Telegram's Durov Teases Largest Non-Custodial Crypto Wallet Launch SHIB supply deficit could fuel 39% upside The TradingView technical chart supports a scenario in which the coin's prolonged decline is approaching its final stage , as indicated by a series of bullish RSI signals near the local bottom. Advertisement The main price magnet within this technical rebound is the long-term moving average — a major resistance line represented by the 200-day EMA. The distance from current levels implies 39% potential upside, while the target itself coincides with a historical Volume Profile shelf in the $3.49 billion to $3.54 billion Shiba Inu market capitalization range. Shiba Inu (SHIB) market capitalization chart on a daily timeframe with 200-day EMA attached (red), Source: TradingView The limited volume of freely available coins on exchanges suggests that a price reversal toward this level could unfold faster than usual. If this 39% move is realized, the asset's market valuation could rise to $3.50 billion. This would theoretically allow Shiba Inu coin to reshape the top-30 ranking by CoinMarketCap, enter the top 25, and overtake six major cryptocurrencies. Advertisement You Might Also Like Wed, 07/22/2026 - 12:39 1.16 Trillion Shiba Inu (SHIB) Exits Coinbase: Why Multi-Million Dollar Transfer Bypasses Spot Market By Gamza Khanzadaev SHIB currently holds 31st place with a market capitalization of $2.50 billion. A hypothetical impulse could successively close the gaps with Tether Gold, Cronos, PayPal USD, Avalanche, Sui, and Hedera. The final stage of this comeback scenario could involve overtaking Global Dollar, valued at $3.24 billion, which would push SHIB into 24th place in the global cryptocurrency rankings. #Shiba Inu (SHIB) News #Shiba Inu