Shiba Inu price crash has been dominating crypto headlines right now, and the meme coin actually plummeted 12% in recent trading sessions. Despite this sharp Shiba Inu price crash though, whale investors have been accumulating a massive 4.66 trillion SHIB tokens, which suggests that institutional confidence is still remaining strong. The SHIB trading volume spike reached some extraordinary levels of 4.33 trillion tokens, and along with that, the Shiba Inu burn rate drop has fallen by over 95%, raising questions about the token’s deflationary mechanisms.

SHIB price chart showing recent decline
SHIB price chart showing recent decline – Source: CoinMarketCap

Shiba Inu Price Crash: Whales Buy the Dip, Burn Rate Drops

SHIB Hits Two-Month Low:
Source: Watcher.Guru

The latest Shiba Inu price crash saw SHIB fall from $0.000015189 to $0.000014130, which represents a significant 7% decline that actually outperformed Dogecoin’s 8.5% drop during the same period.

Massive Whale Accumulation Despite Market Turmoil

Whale investors have been capitalizing on the Shiba Inu price crash by accumulating 4.66 trillion SHIB tokens during the downturn. This massive Shiba Inu whale accumulation occurred as the token was testing critical support levels around $0.000014060, and it happened right when most retail investors were panicking.

24-hour SHIB chart with volume data
24-hour SHIB chart with volume data – Source: CoinDesk

The SHIB trading volume spike reached 4.33 trillion tokens, which substantially exceeded historical patterns and indicated intense market participation during the selloff. Some analysts believe this elevated volume suggests that a bottom might be forming.

Also Read: Shiba Inu Early Investor Made $5.7 Billion With $12,765

Technical Breakdown and Recovery Signals

SHIB’s technical analysis reveals some mixed signals following the Shiba Inu price crash. The token actually fell below its 200-day simple moving average, but it maintained position above the Ichimoku cloud, suggesting that potential bullish momentum remains intact.

Large holders netflow showing whale accumulation
Large holders netflow showing whale accumulation – Source: IntoTheBlock

Key resistance formed at $0.000014200, where sellers rejected multiple recovery attempts. The SHIB price prediction now depends on reclaiming this critical level to confirm a potential rally, and right now, bulls are struggling to break through.

Shib Historical active addresses profitability chart
Shiba Inu Historical active addresses profitability chart – Source: IntoTheBlock

Burn Rate Collapse Raises Some Concerns

SHIB burn rate chart showing 95% decline
SHIB burn rate chart showing 95% decline – Source: shibburn.com

The Shiba Inu burn rate drop has been quite dramatic, with only 155,584 SHIB tokens being destroyed in the last 24 hours compared to the typical millions. This 95% decline in burn activity removes a key deflationary pressure that was supporting SHIB’s tokenomics.

Also Read: Shiba Inu Coin To Drop a Zero? Experts Watch October Closely

SHIB long-term price chart
SHIB long-term price chart – Source: TradingView

Despite the burn rate concerns though, continued Shiba Inu whale accumulation suggests that sophisticated investors view current levels as attractive entry points for potential gains.

The combination of whale buying, elevated trading volumes, and technical support above the Ichimoku cloud creates conditions for a potential recovery rally once broader market sentiment stabilizes.

At the time of writing, SHIB is still being traded below key resistance levels, but the whale accumulation patterns suggest that smart money is positioning for an eventual recovery.