Overview

• Whale wallets have lifted their SHIB holdings to just over 100.5 billion tokens after adding roughly 62 billion since mid-September, according to Nansen.
• Smart-money addresses increased positions by about 98% over 30 days to roughly 12.4–12.46 billion SHIB.
• On-exchange supply has declined to about 282–283 trillion tokens from roughly 290 trillion in August, signaling reduced immediate selling pressure.
• SHIB is down nearly 6% this week and trades near $0.0000122 at the lower edge of a long-term symmetrical triangle, a level that could define the next trend.
• Analysts discuss rebound targets around $0.0000149–$0.0000205 if support holds, while a breakdown could revisit the $0.000010–$0.000011 area, and community talk of a spot SHIB ETF remains speculative with no filings or approvals.