Shiba Inu (SHIB) has witnessed an unprecedented surge in large transaction volume, with over 6.67 trillion SHIB tokens worth $84.77 million transacted within the past 24 hours, according to on-chain aggregator IntoTheBlock. This activity is attributed to whales, prompting speculation about potential market implications. While this recent surge comes amidst a decline in broader cryptocurrency market values, with Shiba Inu’s price decreasing by up to 8.93% within a week, SHIB trading volume remains robust, suggesting increased investment activity from both retail and institutional investors. The spike in large transactions reveals whales are actively accumulating or divesting their holdings, creating uncertainty about the future direction of SHIB. Whether this surge will translate into a positive price break for SHIB remains to be seen. While whales’ activity has not yet led to a notable shift in SHIB’s market value, it offers a potential catalyst for further price movement and investor confidence.