Shiba Inu: Whales Predict Explosive Price Rally

Binance data reveals a predominantly bullish sentiment among whales and top traders regarding the Shiba Inu (SHIB) price, driven by a recovering crypto market and easing US-Iran tensions. A significant 63% of top traders with the largest margin balances are long on SHIB, resulting in a long/short ratio of 1.69. Similarly, 71% of top traders by position are long, pushing their ratio to 2.39. Across all Binance accounts, 60% are bullish with a 1.5 long/short ratio; all these ratios have shown an upward trend since the two-week US-Iran ceasefire announcement. This widespread optimism suggests an anticipated rally for the meme coin.

However, despite the bullish positioning, activity in the SHIB derivatives market shows a decline. CoinGlass data indicates a more than 22% crash in trading volume to $138 million and over a 4% decrease in open interest to $54 million. This suggests that while sentiment is positive, many traders remain on the sidelines, awaiting clearer market signals or further confirmation of recovery.

Crypto analysts are also projecting significant upside for SHIB. Crypto Lens believes Shiba Inu is “primed for the next expansion,” highlighting its strong hold on a five-year demand zone and historical pattern of extended accumulation phases followed by explosive rallies exceeding 1,000%. The analyst suggests another expansion is likely after 550 days of tight consolidation. Vuori echoes this optimism, predicting a potential parabolic rally for SHIB. Vuori notes the asset is currently in an accumulation phase, which could extend into late 2027, but emphasizes minimal downside risk and “monumental” projected gains. While the long-term outlook appears strong, SHIB was trading around $0.000005883, down over 4% in the last 24 hours, at the time of writing.

(Source: https://bitcoinist.com/whales-betting-on-shiba-inu/)