New Data Suggests Whale Activity Could Drive Shiba Inu (SHIB) to New Heights
Recent data from market intelligence firm Santiment points to a potential surge in the price of Shiba Inu (SHIB) as whale activity around the meme asset increases. Historically, large investors making significant moves of over $100,000 have been linked to peaks in digital asset prices.
Santiment’s analysis highlights the correlation between whale transactions and price movements, citing examples such as the surge in whale activity preceding Bitcoin’s peak in December 2017. While this may signal a forthcoming price correction, Santiment notes that whale activity doesn’t always result in a market crash, as high-net-worth investors often use dips to accumulate more assets.
The firm emphasizes that SHIB is currently experiencing a surge in whale-driven activity, with a recent spike of 527 whale transactions on June 5, 2025, marking the largest increase in five months. This uptick in whale activity has coincided with a 10% growth in the coin’s market value, suggesting a potential rally in the near future.
Despite a 5.5% decrease in price to $0.000012 at the time of writing, SHIB’s whale-driven rally suggests a potential turnaround in its price trajectory. The coin, often overshadowed by Dogecoin and other speculative assets, could be primed for a significant price increase based on the recent surge in whale activity.
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