Shiba Inu Whale Activity Surges: Could a Major Rally Be Ahead?

3 weeks ago 31

Rommie Analytics

According to Santiment data, large transactions exceeding $100,000—commonly referred to as “whale transactions”—have historically signaled key turning points in crypto markets.

For example, in December 2017, Bitcoin whale transactions hit a record 62,317 in a single day just before its price peaked near $20,000.

While such surges are often associated with profit-taking, Santiment emphasizes that whale activity can also signal accumulation during price dips. In May 2021, as retail panic followed a 45% crash in Bitcoin, whale buying increased, marking the start of a market rebound.

Now, Shiba Inu appears to be experiencing a similar pattern. On June 5, 2025, SHIB recorded 527 whale transactions—the highest level in five months. Since then, the meme coin’s market value has risen 10%.

Santiment notes that the current uptick may mark the beginning of a sustained rally. Despite being overshadowed by Dogecoin and other speculative tokens, SHIB‘s spike in large investor interest could indicate renewed momentum.

“With SHIB whale activity spiking and prices beginning to rise, the data points to a possible continuation of the uptrend,” Santiment’s report concluded.

While past patterns offer insight, investors are reminded that whale transactions don’t guarantee price direction—but they remain a critical signal worth watching closely.

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