Large investors’ transactions in Shiba Inu surged by 600%, with over 24 trillion SHIB tokens exchanged in early June, indicating potential market movement.
Whale activity in Shiba Inu has increased significantly despite price resistance, hinting at a possible breakout in the future.
The on-chain data reveals a surge in whale transactions, with a 600% increase in volume, suggesting accumulation or preparation for a market shift.
While retail interest in SHIB seems flat, the spike in whale volume indicates a buildup below the surface, potentially leading to a breakout if the price surpasses $0.0000140.