Shiba Inu Whale Activity Skyrockets as Breakout Looms

Shiba Inu (SHIB) whale activity has surged by a significant 70% in recent days, according to CoinMarketCap. This surge follows a notable jump in SHIB’s price, which currently sits at $0.00001268, with a slight daily increase of 0.17%. Trading volume for the past 24 hours has skyrocketed by 16.71%, reaching $229.4 million, and its total market cap stands at $7.47 billion, per CoinMarketCap data. Santiment, a source that tracks whale activity, confirms this increase in large transactions above $100,000, particularly during recent price spikes in May and July. 💰 This suggests big investors are driving the market action.