Shiba Inu Set for Bigger Surge After Key Breakout — New ATH Soon?

• Whale selling continues, but SHIB absorbs supply and maintains upward momentum.

• Token burns and positive inflows strengthen SHIB’s supply-demand balance.

• Ascending triangle breakout could target $0.00000900 if resistance breaks.

Shiba Inu is beginning to separate from a sluggish crypto market. While many assets struggle for direction, SHIB continues posting steady gains and building stronger technical structure. Recent price action suggests buyers are regaining control, even as major holders continue unloading large token volumes. This unusual resilience is shifting sentiment quickly. With supply tightening and momentum improving, SHIB may be preparing for a much larger move in the weeks ahead.

SHIB WHALE CASHES OUT AGAIN AS PROFITS CROSS $660M

An OG whale who bought 103.33 trillion $SHIB for just $13,760 has sold another 800 billion SHIB worth $4.9M today, according to lookonchain.

The wallet originally held 16.84% of SHIB’s total supply.

Over the last few years,… pic.twitter.com/ulAoZN7XHI

— BSCN (@BSCNews) April 30, 2026

Whale Selling Fails to Break SHIB’s Strength

A major SHIB whale recently sold another 800 billion tokens, worth roughly $4.9 million. This wallet has now realized more than $660 million in total profits. Despite such significant distribution, SHIB has continued pushing higher rather than collapsing under selling pressure. This response matters. Strong markets often absorb large sell-offs without major breakdowns. That pattern appears to be unfolding here.

Buyers continue stepping in and offsetting whale supply, which signals fresh market demand. This type of behavior often marks the early stages of reaccumulation. On-chain data also supports improving sentiment. Spot market flows, which remained negative for months, are beginning to stabilize. Recent figures show a modest positive net inflow of around $395,000. While still early, this reversal may indicate renewed investor confidence. At the same time, SHIB’s burn mechanism continues reducing circulating supply.

More than 410 trillion tokens have already been permanently removed. This represents roughly 41% of the original supply. Over the past week alone, more than 50 million additional tokens were burned. Supply reduction combined with rising demand creates stronger price conditions. As whale pressure weakens, this balance may continue favoring bulls.

Breakout Structure Points Toward Higher Levels

SHIB’s technical outlook is also becoming more bullish. Price action now shows a pattern of higher lows while maintaining support above the 20-day EMA. This signals growing short-term strength and stronger buyer conviction. An ascending triangle pattern is now forming on the chart. This setup often appears before bullish continuation moves. Buyers continue pressing against resistance near $0.00000700, while demand rises underneath.

A confirmed breakout above this resistance could trigger stronger upside momentum. Analysts are closely watching the $0.00000900 zone as the next major target. This level represents a key supply area and would mark a meaningful recovery. For now, confirmation remains essential. If SHIB fails to break resistance cleanly, temporary consolidation could follow.

However, current structure strongly favors continued upside if momentum holds. Shiba Inu’s outlook is improving rapidly. Whale selling no longer controls price direction. Burn activity continues shrinking supply. Technical patterns are strengthening. If buyers secure a breakout, SHIB may soon enter a far larger rally phase.