SHIB Triangle Breakout Nears as Whale Concentration Hits 94.68%
Shiba Inu (SHIB)
Editor:
Eugene Serbin
u.today reports that Shiba Inu (SHIB) is trapped at the apex of a large symmetrical triangle on TradingView charts, signaling an imminent price release. Blockchain data from Etherscan reveals that 94.68% of the circulating supply is controlled by a closed pool of large holders. Ethereum's Token Analytics module shows that nearly the entire supply is locked across 808 addresses, which represent only 0.05% of all investors.
The top 100 wallets hold 82.73% of the supply, while retail investors control just 0.04%. SHIB is currently trading near $0.00000520 after a 1.71% decline over the past 24 hours. The resistance trendline from August highs of $0.00000600 has converged with long-term support at this critical point.
The Relative Strength Index (RSI) sits at a neutral 54.54, indicating a temporary balance of power. With an on-chain market capitalization of $5.19 billion, the price trajectory depends entirely on the decisions of a few hundred players. This extreme concentration suggests that any breakout will be directional and swift due to the limited liquidity pool.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 13 September 2026. Not the outlet's figures.
Whalio data shows SHIB trading at $0.000005300 with a 1-hour buy ratio of 60.5%, indicating strong short-term buying pressure. This contrasts with the 4-hour buy ratio of 51.0% and the 24-hour ratio of 44.1%, suggesting that recent buying is outpacing longer-term selling. The 1-hour volume delta is positive at +$10,345, while the 24-hour delta is negative at -$290,419. This divergence implies that immediate buyers are active, but the overall 24-hour trend remains net negative. The Cumulative Volume Delta (CVD) for the 24-hour close is -$304,311, confirming that sellers have dominated the full day's volume. Only 6 out of 24 hours saw net buying, highlighting that the current positive flow is a recent development rather than a sustained trend.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.5%, making the current 24-hour ratio of 44.1% slightly below average. The 24-hour spot volume of $2,455,070 is 0.59 times the weekly average, indicating significantly lower trading activity than usual. Volume delta over the last 8 days totaled -$1,159,207, showing a consistent net outflow of capital. Price has declined 2.9% over the 8-day period, with only 1 of the 7 days recording net buying. This recent 24-hour period of elevated short-term buying is an unusual spike against a backdrop of lower volume and a broader weekly downtrend.