Is Shiba Inu’s $40M On-Chain Boom a Bullish Signal or Whale Games?

Shiba Inu is experiencing a significant on-chain surge, with large transaction volume skyrocketing 249% overnight. This sudden jump in SHIB transfers has sparked discussions about whether this is a sign of genuine bullish momentum or another whale manipulation tactic. Our latest analysis explores the factors contributing to this dramatic increase and assesses its potential implications for the future of Shiba Inu.