Overview

• Analytics firm Nansen reports large holders boosted SHIB stakes by about 62 billion tokens in recent days, lifting whale-held balances to roughly 100.5 billion.
• Smart-money wallets increased positions nearly 98% over the past month to about 12.4 billion SHIB, reinforcing the accumulation trend.
• Reported exchange balances fell to roughly 282–283 trillion SHIB from about 290–297 trillion over recent months, signaling sustained outflows to self-custody.
• Price trades near the $0.0000115–$0.0000122 support band within tightening triangle structures, with analysts eyeing breakout levels near $0.000014–$0.0000205 if the floor holds and warning of downside toward ~$0.0000108 if it fails.
• Burn trackers flagged a fresh spike in token burns this week and Arkham noted a 161.3 billion SHIB transfer off Coinbase, though burn magnitudes vary by source and remain limited in scale.