A massive surge in Shiba Inu’s (SHIB) on-chain activity has been observed. On August 25th, the token experienced a significant spike of over 300%, with transfer volumes reaching an astounding 4.25 trillion tokens, marking a dramatic increase from the previous reading of just 1.1 trillion. While the actual number of transactions (approximately 5,355) remained largely unchanged, this drastic surge has sparked attention in the crypto community. This spike is often associated with large holders or whales engaging in significant activities. However, the market price of SHIB remains relatively stable, settling into a symmetrical triangle pattern on its daily chart. Despite the sudden increase in volume and activity, SHIB’s price hasn’t seen any immediate price movement. The lack of price volatility might be attributed to low trading volumes on exchanges compared to earlier this year, according to experts.