Pippen Backs SHIB: $110M Whales Buy as Golden Cross Hits

Vladimir Popescu
Shiba Inu Playing Basketball with Scottie Pippen
Source: Watcher.Guru

Shiba Inu’s Golden Cross formation has triggered massive whale accumulation worth $110 million as former NBA star Scottie Pippen endorsed SHIB during the 2025 bull run. This technical pattern signals potential explosive rally for the meme cryptocurrency amid increased institutional interest right now.

Also Read: Will Shiba Inu (SHIB) Turn an Investment of $3,000 Into 5 Figures?

Shiba Inu Golden Cross Drives Whale Accumulation and Price Predictions Amid Market Volatility

Scottie Pippen and Michael Jordan Bulls
Source: The New York Times

Pippen’s SHIB Endorsement and also Golden Cross Signal

Scottie Pippen posted on social media about his cryptocurrency picks for the bull run, and specifically mentioned SHIB among his selections. The former NBA champion stated:

“Besides Bitcoin, what coins are you watching this BULL run? I got my picks, $ETH $SOL $BNB $XRP $Ball aka @GamesBall $ADA $DOGE $SHIB $LINK”

This Shiba Inu Golden Cross pattern coincides with Pippen’s endorsement, and it’s creating dual bullish momentum at the time of writing. The golden cross occurs when short-term moving averages cross above long-term ones, historically indicating upward price movement.

SHIB technical chart showing golden cross formation
SHIB technical chart showing golden cross formation – Source: TradingView

Whale Activity and SHIB Accumulation

shiba inu shib whale
Source: Watcher Guru

Large investors have accumulated approximately $110 million worth of SHIB tokens, demonstrating confidence in the Shiba Inu Golden Cross signal. This Shiba Inu whale accumulation represents significant institutional interest as whales typically move markets through their substantial purchasing power.

The whale buying activity coincides with improved technical indicators, and this suggests coordinated investment strategies. Shiba Inu price prediction models are being adjusted upward as analysts factor in both the golden cross pattern and also whale support levels.

Market Volatility and also Investment Considerations

Shiba Inu market volatility remains elevated as the token responds to celebrity endorsements and technical signals. The combination of Pippen’s endorsement and the Shiba Inu Golden Cross has increased trading volumes significantly right now.

SHIB price chart with volume indicators
SHIB price chart with volume indicators – Source: TradingView

Traders are monitoring Shiba Inu investment risks closely, as meme cryptocurrencies can experience rapid reversals. However, the current Shiba Inu price prediction outlook appears optimistic given the confluence of bullish factors.

Also Read: 1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000?

The Shiba Inu market volatility creates both opportunities and also Shiba Inu investment risks for investors. While the golden cross and whale accumulation suggest upward momentum, traders should monitor for potential corrections as SHIB approaches key resistance levels at the time of writing.