Shiba Inu, a popular meme coin, is currently experiencing a dramatic surge in activity as inflows and outflows on-chain have skyrocketed. Over the past seven days, SHIB has seen an astonishingly high increase of 1,109% in inflows and 822% in outflows. This trend extends beyond the past week to show even more pronounced increases over 30 and 90-day periods – a staggering 1,155% and 1,141%, respectively. However, the price of SHIB remains relatively stagnant at around $0.000016, raising questions about why this on-chain activity hasn’t translated into significant price movement. Analysts suggest that large-holder behavior, potentially driven by internal repositioning and profit-taking strategies, might be responsible for these massive changes rather than new retail demand or market conviction.