Shiba Inu (SHIB) whales are showing increased activity, with transaction volume surging 249% in the past 24 hours, potentially driven by rising market interest amidst geopolitical tensions. This surge has resulted in a price rebound of 3% for SHIB despite muted performance from other altcoins and Bitcoin. Key transactions point to institutional market makers holding SHIB, not reflecting panic selling. 3.36 trillion $SHIB tokens changed hands in these large-scale deals. The impact is being seen as SHIB prices rallied after this activity. A recent report by IntoTheBlock suggests that while the broader market experiences uncertainty due to geopolitical factors, SHIB is resilient and exhibiting confidence. This pattern of whale accumulation has historically been associated with price rallies. John Doe, Analyst at IntoTheBlock, notes, “Large transaction volume for $SHIB has skyrocketed by 249% over the past 24 hours, reaching approximately $62 million, or 3.36 trillion $SHIB tokens.”