- SHIB trades at $0.00000456 testing the lowest level since June 6 as exchange supply jumped from 79.78T to 80.54T in 24 hours
- 800 billion SHIB moved to exchanges overnight with no specific news, likely tied to one large holder capitulating
- Open interest surged 17.90% to $30.94M while shorts absorbed $128.31K in longs liquidated against just $12.87K shorts
Shiba Inu trades at $0.00000456 on June 24, sitting at its lowest level since June 6 after roughly 800 billion SHIB flowed into exchanges in a single 24-hour window with no specific catalyst behind the move, a shift large enough to reverse weeks of declining exchange supply in one session.
SHIB Daily Chart: Price Sits Below Every FVG With No Reclaimed Structure

The daily chart shows SHIB locked in a clean downtrend since the May peak near $0.0000066, with three separate Fair Value Gap zones forming above current price as the decline accelerated. All four EMAs sit overhead in bearish order: 20 at $0.00000485, 50 at $0.00000523, 100 at $0.00000568, and 200 at $0.00000670.
Price is now testing support just above $0.0000044, the same zone that capped the early June low. None of the FVGs above have been retested, meaning every bounce since May has failed before reaching previous breakdown levels. A daily close back above $0.00000485 would be the first sign sellers are losing control.
- Resistance: $0.00000485 (20 EMA), $0.00000493 (0.5 Fib)
- Support: $0.00000453 (session low), $0.00000440 (June low)
800 Billion SHIB Hit Exchanges Overnight With No Clear Reason
SHIB exchange supply had been grinding toward all-time lows, bottoming at 79.784 trillion tokens just before this move. Within 24 hours, that figure jumped to 80.540 trillion, an inflow of roughly 800 billion SHIB. The shift happened alongside no major SHIB-specific announcement. The only loosely connected event overnight was a roughly 10% drop in the Korean stock market, though oil continued falling and the Strait of Hormuz reopening eased broader macro tension rather than adding to it.
The most likely explanation is a single large holder capitulating, selling a sizable position and exiting entirely rather than coordinated distribution across multiple wallets. This kind of single-actor capitulation is uncommon and, combined with leveraged liquidations across the broader crypto market, contributed directly to the fresh multi-week low in price.
Importantly, the burn wallet holding roughly 400 trillion SHIB remains untouched, as it has no accessible keys. Claims circulating about a “trillionaire whale” dumping 600 billion tokens from a 103 trillion SHIB position do not match verifiable on-chain wallet data, where the largest addresses outside exchanges and the burn wallet do not hold anywhere near that scale.
Burn Activity Spiked 56% in 24 Hours but the Weekly Trend Is Still Falling
The 24-hour burn chart shows tokens destroyed up 56.13% over the past day.
The 7-day view tells a different story, down 21.77% overall, with activity peaking near 12.5 million tokens on June 18 before sliding through most of the week. Today’s spike is a bounce off a low base, not a reversal of the broader weekly decline.
SHIB Derivatives: Longs Are Taking Nearly All the Pain

Volume rose 1.91% to $64.52M while open interest jumped 17.90% to $30.94M, with OI rising faster than volume suggesting fresh leveraged positions are building even as price falls. The long/short ratio of 1.0263 is roughly neutral, but liquidation data tells a sharper story.
Over 24 hours, $128.31K in long positions were liquidated against just $12.87K in shorts, meaning longs absorbed roughly ten times more pain. That imbalance reflects traders repeatedly trying to call a bottom on this decline and getting stopped out as price kept grinding lower.
Shiba Inu Price Prediction for June 25, 2026
- Upside: A hold above $0.00000453 and a reclaim of $0.00000485 would signal the capitulation flush is complete, opening a path back toward $0.00000523. Continued holder growth and a resumption of declining exchange supply would support that case.
- Downside: A daily close below $0.00000440 breaks the June low entirely and exposes a move toward $0.00000420 with no nearby support to reference. If the 800B SHIB sitting on exchanges gets sold rather than redistributed, this remains the more likely near-term path.
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