Recent data shows an increase in whale activity in Shiba Inu, which could signal a potential price growth ahead.
Signals from Whales in the Crypto Market
According to Santiment, large transactions over $100,000, known as 'whale transactions', often signal key turning points in the crypto markets. In December 2017, Bitcoin whale transactions hit a record high, coinciding with its price peak.
Rise in Shiba Inu Whale Activity
On June 5, 2025, Shiba Inu recorded 527 whale transactions, the highest level in five months. Since then, the market value of SHIB has risen by 10%, which may indicate accumulation ahead of potential growth.
Historical Perspectives and Caution
Santiment notes that while increased whale activity may suggest the beginning of a sustained rally, investors should remember that these transactions do not guarantee price direction. However, they remain a critical signal worth monitoring.
The surge in whale activity in Shiba Inu suggests a possible new growth phase ahead. However, investors should proceed with caution and closely monitor developments in the market.
