Shiba Inu Price Aims for Recovery as Long-Term Investors Hold Firm

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Shiba Inu has traded sideways in the past 24 hours, dropping slightly by 1.5% and fluctuating near $0.000013. The weekly loss remains at 15.4%, part of a broader altcoin correction.

However, behind the scenes, many on-chain indicators suggest that this SHIB price decline may be losing momentum. From sharp exchange reserve reductions to whales buying more tokens and a significant drop in token migration, the possibility of SHIB price recovery appears possible.

99.7% Consumption Age Decrease: Holder Confidence?

Age Consumed tracks the movement of old SHIB tokens; essentially coins that haven't moved for a long time. This indicator spikes when long-term holders begin to move or sell their assets.

Historically, local SHIB prices peaked in May and June, coinciding with age consumed indicator spikes. But this time, something is different.

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Shiba Inu Price and Age Consumed IndicatorShiba Inu Price and Age Consumed Indicator: Santiment

Although SHIB reached a local peak around $0.000015 earlier this month, the age consumed indicator barely changed. Currently, it has dropped to just 13.92 trillion. This is a 99.7% decrease compared to mid-June, when the price was around $0.000012.

This low movement suggests that long-term holders remain unchanged. There is no panic selling from old wallets, which typically leads to deeper corrections. Instead, the absence of old coin movement indicates confidence and potentially a foundation for SHIB's next recovery.

Age Consumed is calculated by multiplying the number of tokens moved by the days since their last movement. A strong increase signals old coins being sold off. A decrease, as in SHIB's case, implies long-term holders are not selling.

Exchange Reserves Decrease as Whales Add 2.57 Billion SHIB

While age consumed shows old holders remain steady, exchange reserves indicate tokens are leaving centralized exchanges. SHIB reserves on exchanges dropped from 84.55 trillion on 22/07/2025 to 84.35 trillion on 25/07/2025; a net outflow of 200 billion SHIB in three days.

This trend suggests investors are moving tokens to cold storage, reducing selling pressure, though the number is not significantly high.

Shiba Inu Price and Decreasing Exchange ReservesShiba Inu Price and Decreasing Exchange Reserves: CryptoQuant

Whales are also clearly active. According to 30-day data from Nansen, whale wallets have increased their holdings by 2.58 billion SHIB, valued at approximately $38,651 at current prices. The current total whale supply is 107.45 billion SHIB.

This continuous buying typically indicates quiet accumulation.

SHIB Whale ConsumptionSHIB Whale Consumption: Nansen

Fewer SHIB on exchanges means less selling risk. More SHIB in whale wallets indicates buying with high confidence. Combined, these trends point to support for a SHIB price dip near current levels.

Shiba Inu Price Maintains Important Support; Fibonacci Suggests Recovery Zone

SHIB price is currently fluctuating near $0.000013, an important zone. When drawing Fibonacci retracement from June's low of $0.000010 to the highest point of $0.000015, the $0.000013 zone sits exactly at the 0.5 level.

Shiba Inu Price AnalysisShiba Inu Price Analysis: TradingView

If Shiba Inu maintains the $0.000013 level, even reclaiming $0.00001371 during this process, the recovery hypothesis could be fully confirmed.

However, if the price drops below $0.000013, due to increasing exchange reserves and/or even a spike in the age consumed indicator, it could invalidate the optimistic perspective.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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